Oakley as CDE's "Corporate Advisor" received 150m shares on November 19, 2024 as its fee of $150,000 for arranging the $2m loan facility, meaning that they were valued at 0.1c each.
I suspect that a large chunk of the 82.6m shares traded on November 21 came from Oakley's allocation. Why wouldn't Oakley sell off asap as it was intended to be a fee for their services and it wouldn't have been about profit taking and they wouldn't be copping a loss. The 83m shares traded at 0.1c per share on November 27 were probably included the balance of the unsold shares Oakley held.
As for the 70.5m shares traded at 0.2c on November 22, they were either JH's as he and his entities acquired an additional 1.5 billion shares at 0.15c in the debt-equity swap in June 2024. I guess he would be happy to get some of his money back at a profit. It could also be or may include the professional and sophisticated investors who participated in the $500k CR in August when 333m shares were issued at a price of 0.15c.
These are the only shareholders with these sorts of numbers of shares to offload.
To me, it's nothing more than profit taking......
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