That's the question I am tossing around now as well. 20% in one day on no "significant" news about earnings or other market catalysts normally means a dump is coming in the days after. But there's the odd stock where this is not the case.
Currently, this company is in far better position cash and management wise (I think they are solid) than a large portion of other stocks on the ASX. Still, there are currently no convincing retention/conversion statistics regarding their tech or methodology.
I'm more than happy to ride a wave and will trade where appropriate, though. I should have just bought in at ~40c![]()
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