The share price will not retrace. There has been no announcement or speculation with announcement buyers piling into the stock . What we are seeing is evidence of company insiders and seasoned US investors who see lots of upside and imminent scientific and commercial catalysts taking positions in the stock. Buy low, sell high. It will rise again in the US tonight and continue to trend upwards for no apparent reason until an announcement (promised in the first quarter) is made - and then it will spike hard with everyone piling in (including frustrated BIT investors)
Benitec will be the market darling of 2019.
Benitec rising, page-42
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