I think recent trading activity needs to be viewed in terms of market cap...
Whilst we have seen a retrace from recent highs in pure dollar terms, in fully diluted Market cap terms we are more or less treading water near recent highs.
After such a stellar run, this is actually a better than expected result and in my view reflects the capacity of this stock to rise significantly on the back of what the market would consider to be a confirmatory announcement.
Sorry, I haven't the time, but if someone does I suspect a market cap chart might reveal a very bullish chart formation.
Cheers!
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held