SMM 16.7% 0.4¢ somerset minerals limited

does the ASX do anything in these situations? where a stock goes...

  1. 100 Posts.
    does the ASX do anything in these situations? where a stock goes up 550% without any formal announcement? (last announcement was 25th of Jan, which saw a 1c increase, ~16c per share) and in the last three days nearly 300% gain? On what basis?
 
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