Perhaps the rumour - local workers are buying - increased...

Perhaps the rumour - local workers are buying - increased reserves - was used with environmental OK just received to push MOL share sales.
Brokers possibly given incentives or instructions to encourage clients to buy.

Would explain the surge to $3.00.

Maybe ANZ had to unload a parcel - or some other institution or whatever.

The buying surge now over share price slumping.

Expect a strong move if and when finance is obtained.
Depending on the conditions and manner of obtaining funds.

Could see share price bounce of previous lows in the next few months.
When institutions will load up again and feed the "suckers" when another share price surge occurs or is orchestrated.

This is all conjecture.
Remember your guess is as good as --------.