Either it's a garden variety pump and dump.
Or the Sophie's have settled on a price for the placement to be announced early next week.
So now they are busy pumping the SP in order to triple their money.
Could be a nice trade if this is the case.
As for a real solid announcement.....
It would look really bad to see the SP to rise like this before one of those.
Ann: Company Update and Quarterly Reporting-NOR.AX, page-427
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