There were at least two broker upgrades - Morgans by 9.9% to $20.60 and Macquarie raised 43% to $16.89. My take is that was one of the key aspects to the raise yesterday and likely to continue today temporarily at least. Fundamentals still improving, bar the one off that put them in the red, which is why the brokers upgraded.
The dip from 18th October when it hit $11.49 seemed way to oversold and you could tell institutional buying was going on during the day. Follow up announcements confirmed buy ins. Currently still has strong momentum on the volume end with a number of technicals supporting a buy. I actually added to my existing position at $12.55 with another at $17.80 essentially doubling down. I think it still has some room to go - how much more? Maybe 10% to ~$19.3 in the short term or a retest around $21.5. Looks due for a pull-back, but no confirmations yet from what I see.
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