"anyone know or care to explain what just happened and if it is a good thing long term?" - Punters taking a punt that the AGM on Tuesday may bring some good news, if it doesn't it'll drop back to $2.30ish which is no big deal compared to what you paid, $4.20, and what I paid, $5.25 via Amcom takeover
. As for long term, it'll come good eventually, but how long term?, who knows.