zzedzz,Could you have a look at MHM chart for me please?On 15...

zzedzz,

Could you have a look at MHM chart for me please?
On 15 Sep the company had a price sensitive annoucement! The market reacted to the news and the share price increased by 5c to reach 29c and continued to trade within the 28-30c range for few days. Between 20-28 Sep (seven trading sessions) MHM shares has doubled in price, and there has been no annoucements made since the 15th of Sep? does that look rational to you? Why the SP has doubled in value in the absence of any new news?

Saying that the market is driven by news and that its rational is a joke, what you are basically doing is RATIONALIZING the share market and price movements, but that does NOT make them rational IMO.