Definitely not coincidence.
Could be a leaky ship, could be a ploy - run the price up to make it look like a leaky ship to make people think this news is really good.
Given that this will probably require a capital raising, I am guessing it's a ploy, and also will allow them to raise capital at a higher level. I have no idea about this other company, but taking a look at their market cap would tell us how much capital AEB is going to need.
I have a pretty good guess at what game they're playing, but we'll see what happens.
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INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
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