The volume and the SP reflects whatever confidence that the public has in CDEX. The "public" includes those here that continue to EXPRESS confidence in the future, but are not buying the stock.
Even more significantly, to me, is that the people that should have the most knowledge are selling, even at the now lower prices. This only drives the SP lower.
Why would they do that, and not even attempt to hide it? To try AND make it more attractive for a buyout?
There may be games going on here to the benefit of somebody. But you can bet your bottom that it ain't the shareholders, especially the LOCH shareholders.