Yes indeed, this run is all based on a very high risk high...

Yes indeed, this run is all based on a very high risk high reward tip in the ASI late yesterday.
Do a google search if you don't know of this online publication.

Seems the headline "Tiny Austalian Company siting on multi billion cash source" was too hard to resist for some.
Sure, buy in, but if the price has rocketed, forget it.

To me the headline is a bit misleading. They have $12 mill in cash which makes them ultra high risk and the so-called MULTI BILION DOLLAR CASH SOURCE is coal seam gas, most of which has yet to be drilled and proven.
ASX may query ECU again as to whether they knew this TIP was in the subject publication.
As happens quite frequently, the ASI sends buyers into a frenzy with the late-comers paying dearly.
ECU was clearly identified as a borderline stock due to cash position. A T/O may be one way to justify the flock of sheep running up the hill, but no mention of one.

Fair due to ASI: some big winners like BOW, but equally some tips have gone bust like VDM, and others are way down from when tipped, like MOL, LYC, MCP and so on.

DYOR AS WELL AS READING THAT OF ANOTHER.