rau share price activity, page-4

Kozzie ..... I don't know that there is any easy answer to your question.
As you say yourself you have done a bit of digging and can't find anything specific.

At the time I could not really see any specific reason why the share price got a bit of a surge on.

I certainly am not enamoured with Ctindale's "answer" of "churn" simply because I do not find any of CT's views on RAU worthy of giving much credence to. His comments on RAU are (IMHO) usually heavily slanted attacks on the company. He frequently misuses information out of context or twists the information out of shape.

I think at the time there was a certain amount of anticipation about some announcement to come about Amayapampa ( The "upgrade" probably) and RAU got "noticed".

So there was a bit of a move into RAU some weeks before the surge. Whether the "reef fish" followed in and created their own swirl of building volume which in turn created a bit of interest and so the share price rose as more got attracted thinking something was going to break.

It is not an unusual pattern with shares that have a speculative element or that have something going on. I saw the same thing happening around that time with PPP shares.
Somebody manages to manipulate the sp upwards and others swim in to catch the new thing.

The recent drop back to around 3 cents is not all that surprising given that just a week ago you had a capital raising of 150 million shares at 2.6 cents. Some of those are probably being sold by the investors who supplied the capital to RAU.

No big deal I guess in the scheme of things.