My guess is that EverBlu (and associates) are supporting the price during the day, and are then forced to sell at the closing auction. This explains the large volume at close as otherwise they would have to declare an increase in holding. Ramping, and trading patterns, suggest that a false market is being created which is why ASIC are interested. As others have already stated the best thing for shareholders would be to break links with AB and EverBlu, however I doubt that will be an easy task.
CPH Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held
