its one of the many dynamics of active short selling to front run the stock and blockade keeping it bound in a trading range, if anything positive comes it will most likely run pushed by another group or even the same one to realise capital return and then once again push it down this happened to FMG for years until it was managed by Macquarie operating a desk for FMG, so CGB will eventually if successful realise a greater value than is current, winning the Olivia contract is a good deal and the BOD of CGB must be well recieved John Easterlying is hardly a novice so its no small win for CGB.
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its one of the many dynamics of active short selling to front...
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