Here's what's happening now. The action on the OTC is very...

Here's what's happening now. The action on the OTC is very indicative of a few things...
1) Increased retail + insto interest
2) Short covering
3) Overall buying because of solid fundamentals + the news about the HOA with Elite Mining Inc + Current crypto-mining narrative around green power, BTC prices headed to US$100k, etc

Here's what's gonna happen once we reopen.

According to shortman.com.au, as of 19 Aug, 0.7% of the shares of AXP.AX are short sold (roughly 32.8m or A$229,000 ish worth of stock at A$0.007). At last close, on the OTC markets, $AUNXF closed at the equivalent of A$0.03, which represents almost a 4.5x difference in price. Just think of the arbitrage opportunity here.

The shorts are sweating bullets, because Tim Hart (CEO of AXP) already has plans for the company to be uplisted on OTCQB, and the big requirement for it is for the SP to hold ABOVE US$0.01 for THIRTY DAYS.

We are about to witness the mother of all short squeezes as the shorts will RACE to cover their short positions.

You know what happens then!

So, don't let the MMs and shorts shake you out. DYOR, HODL!