There were two t-trades for $PHIL on Friday for almost the exact same number of shares. First was a sell of 240,889 @ .0355, second was a buy of 240,899 @ .049765.
Looks to me like a market maker was updating their books or possibly correcting an error trade.
With both a buy and sell for practically the same amount of shares (within 10 shares), IMO those trades have no bearing whatsoever on the fundamentals.
If you remember on 2/20/18, there was a print for .0355 but it didn't get reflected on the L1 quote as the low of the day. It shows on the chart, but I specifically remember discussing that with someone that it didn't reflect on L1. The tape even had some weird notation after the print...I forget what it said, but I remember seeing it. Those t-trades almost definitely had something to do with that weird print on the 20th.