IMO it's a large fund or top 10 shareholder, more than likely taking it's loss and selling out to another party. Taking the CNX investment off the books for end of year reporting to unit holders. Another fund/entity is soaking it all up it seems as I've seen some large buys and cross trades go through.
Expect to see a change in the register soon.
What we do know is the CNX technology works and should work the same was in Chile and the USA that it did in QLD.
CNX Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held