AUD falls to 70c ..if RBA lower rates by 1/4% on a crappy economy outlook., page-74

Gassin - you sold a few months ago at $39 remember?

If the average investor bought a week ago they would be sitting on a 9% gain for the week. Big gains across the board on resource stocks this week.

Why is the price going up?

Timing is everything - recent weeks have been a time to invest in this blue chip. It will be $40 again before too long IMO.