something is up

the SP is up 50%+ in the past few weeks, so someone knows something.

There has been speculation that there is accumulation going on, but the volumes are so small, that this doesn't really make sense.

I would have thought the news about the MON loan not being sorted out till early next year and the colapse of MAL would have weighed on this stock...?

The good aspect is that the board is looking pretty strong now, the aussie $ is falling so presumably that means we are receiving more per tonne as we are selling in US dollars. I wonder if people are starting to see that IO is going to be strong for the foreseeable future? This however doesn't really warrant such a jump in price.

You could speculate that the sp is being manipulated by the co. to prepare for a cap raising, but the sellers are following the price up, so that doesn't really make sense either.

Would be interested to hear from the TFE man or Rim to provide some context