What is the go with the endless supply currently being churned...

What is the go with the endless supply currently being churned out on CST since the drilling announcement on Monday? Is it carefree WGX holders who received in-specie shares from the spin out or purely profit takers looking to cash in on the rapid rise from the low 20's over the past few weeks? I've been constantly averaging down since my initial buy in at 31c but not 100% sure we have actually seen a bottom yet in CST - any TA gurus on here that might be able to give some insights as to likely trading action in the near term? I'm pretty much FA focused and really like the potential of the Rover project but a little bewildered by the trading action this week...