This is just smart money buying in, possibly accumulating stock. This is the second time recently where it has been pushed down below 20c on low volume only to see an interesting rise on some good volumes. This is done because the buyer does not want to buy in when the SP is in the 20's already forcing the SP much higher. Instead weak hands are keen to hand over their stock for next to nothing (fear) and the buyer gets his fill. If I did not lose a lot of money, i wasted on another stock, I would do the same potentially buying another 200000 shares around 20c (sad i cannot). It could also be an old STB holder who previously sold for a profit buying back in. Also the potash outlook in recent news reports may not be all doom and gloom as predicted with the recent cartel breakup, between Russia and belarus
This is just smart money buying in, possibly accumulating stock....
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