Jun. 4 at 1:28 PM
$CWGYF Watching US and Aus exchanges from May 18 -> now, about 41M shares traded. 10% of the company has moved in under 3 weeks at several million $.
And it's not a sell-off. Maybe it's one buyer or several, but it's not many.
Someone's taking a substantial position in the company.
Back in September there was a similar run, but it was about half the number of shares.
So the question is, are they done, or do they plan a larger push? Is this a big push like September to be followed by more trading doldrums, or have Carnegie's 6 years of genuinely excellent business moves finally combined with the historic moment (massive energy demand, maturing offshore tech industries) to set a real cycle of growth?
For my part, I don't have a guess. My hopes on Carnegie have always been targeting 2030-2035, when the technology matures.