Where have all the buyers gone?Something does not make sense... we are now seeing daily avg volumes approach levels last seen prior to the first jump back in February. Other than maybe ppl looking to sell big chunks of shares, almost no one is buying at all. So weird, especially given the stage CGX is at currently.
I would still love to know what prompted the large share volume action in late June. Was it anticipation of news? Was it Frontera/CC hoping to drum up FOMO among other operators and thus pushed the share price up? Most other junior oil companies least get constant volume between news and final well results, especially given the mangitude of what Kawa-1 could represent.
So weird in any case (least to me).