I'm guessing its yr stock standard cap raising.I hope I'm wrong but lots of cap raisings of late have been preceded by a run up in the sp to get the vwap up a bit and it usually is over a five day period....as for the volume well the traders were all over it moving millions of shares daily on the rumours,its not unusual for a trader to buy and sell a couple of million once or twice daily creating massive turnover.....once again I hope I am wrong as I still have a large position,but if I'm right expect to see a cap raising between 2&3 cents....ouch!
URL Price at posting:
40.0¢ Sentiment: Hold Disclosure: Held