If you check the volume its not significantly different to normal. Most likely answer is that there isnt a significant volume of either sellers or buyers at current prices and so it swung a big diff in price with a relatively normal volume.
If it was leak related I would expect a much higher volume.
Why The Big 6% Rise Today?, page-3
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Last
$1.96 |
Change
0.015(0.77%) |
Mkt cap ! $1.103B | |||
| Open | High | Low | Value | Volume |
| $1.95 | $1.97 | $1.94 | $257.0K | 131.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 10247 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.96 | 8959 | 29 |
View Market Depth
| Last trade - 11.57am 12/07/2024 (20 minute delay) ? |
| AX1 (ASX) Chart |