Market cap now over $100 million which means certain fund managers may be able to buy into it as well as having a full years trade under its belt is also sometimes a criteria instos have before they touch a stock post IPO.
Tightly held stock which bodes well for further rises until liquidity rise, low stock availability can be your friend when it pops like this and unless you want to buy a million shares it isn't that illiquid you can't off load slowly.
There is only 37 million or so stock on issue so also consider some companies like CAJ have 500 million shares on issue so turnover will naturally be much higher for them. Although on a dollars basis CAJ much higher volume.
Interestingly CAJ is valued at 4 times the amount yet NPAT is about the same, I know what I would rather hold!
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