It is just playing out the pennant. The next few sessions should confirm but a strong rise would be a target of around 4.7-4.9 (pre-announcement) Still very much flying under the radar atm as traders have been playing around with other stocks. The MM has been accumulating around this base over the last 2 weeks.
Many catalysts coming up that can induce a rerate.
Cauchari and Salinas Grande, page-20
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