I don't know why the price is going up but I am enjoying the move. The reason could be any of anumber of reasons such as.
The market has finally realise that this is a very good company and should be re rated.
Someone bought a large parcel at market. I don't have the resourses to find out this type of info.
Maybe AEC has found a buyer for their interest in Purity Systems Inc in the USA. The failure of the sale of this company pulled the share price down considerably.
This is all speculation on my behalf.
AEC Price at posting:
$3.00 Sentiment: Buy Disclosure: Held