What makes you think ‘someone’ is accumulating (ie a single...

What makes you think ‘someone’ is accumulating (ie a single entity)? Is it reflected in the sales history?

I agree it makes little sense anyone buying at the recent raise would sell now at ~$20k loss after just a few weeks, particularly as drilling program seems on track and generating positive results

I think the constant selling is due to one or both of the following:

1. Residual major CBS shareholder/s exiting pre-RTO positions (3 viable candidates I listed in previous thread)

and/or

2. One or more ST traders having accumulated during recent low (1.6c, 1.7c) which they now intend to flip for easy profit

In either case the 4m order will keep a lid on our shareprice until next good news and associated liquidity event, at least.