Kylie, it's very common for stocks of this size to have holders who have been in for some time to decide to bail out when an opportunity arises to take a decent profit despite the company's future prospects. They may have, for example, bought into CXY at 4c/5c two/three or more years ago so the idea of tripling their investment can be quite appealing. They may also be only partially selling down to take some profit. Some of course may also be in need of the funds for other urgent purposes. Cheers!
CXY Price at posting:
9.8¢ Sentiment: Buy Disclosure: Held