In my view this rise is simply an outstanding re-rate to where...

In my view this rise is simply an outstanding re-rate to where we should be heading in relation to our peers.

The stock was extremely undervalued previously given the maturity of the business and how close we are to revenue from a battery Gigafactory.

I think what we are seeing now is institutions and large groups taking a position in preparation for a NVX style share price rise. Mums and dads would only be a small percentage of the buys/sells imo.

But I agree, a pullback if it happens would be quite normal. Then again anyone taking a profit from the last few days increases likely did that today and we ended flat at 72.5c due to the huge appetite of whoever is buying.

Either way this is only the start for MNS, the share price could continue to rise well into the multiple of dollars following a similar path to NVX (who many say are behind us in regards to project development)

All IMO and DYOR