it has probably to do with some shares that needed to return. Probably a dead cat bounce or pump and dump but surely I do not understand this jump because imo the Strategic review is not that impressive for sure. we saw 23 cents to 15 cents a week back so I assume it was pump and dump.I mean the real question is what would be the cash position EOFY and if it’s cash flow positive in 2025 then would that mean they would need more than one cap raise during this time period. Without cash the share price has only one way to go…down..and that’s what holding me up even though I like their business…anyone care to put some calculation and numbers of cash for next two years..
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