I think you'll find that chart is in fact a combination of the SPX (Spectrum Metals Ltd) and SPX (Spenda Ltd) as Spenda SP didn't go above 4c until January 2021 when it was then pumped to a high close of 11.5c following an intra-day high of 20c.
That doesn't change the nature of the picture illustrated from the chart, just more an FYI to use the charts from the ASX website rather than HotCopper as the ASX chart is accurate.
Ann: Cornerstone investment by Capricorn raises $7.175m, page-560
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