Some of the bigger players in this stock have a substantial holding and it doesn't take much of their holding (especially when working together) to achieve what they want.
Churn, churn, churn.
They want to accumulate at lower prices before this stock finds its true value.
I predict we will see the price re-set and stabilise at around 15c in a few weeks, but not before it's first pushed below 9c.
Just my prediction - make of it what you want.
IMO this is a great stock long term with excellent prospects!
CXY Price at posting:
10.5¢ Sentiment: None Disclosure: Held
