Benelong - the uptick is possibly traders applying a buy-in strategy similar to Buy-Early-Sell-Before-Spud philosophy used in Oil and Gas/Resource stocks... Buy on the excitement of the potential release of positive results with the possibility of a small run into the 70's or 80's and then already be out prior to the actual release of results.Today's announcement even gave them a timeframe of 2-3 weeks to employ that strategy.
And/Or it could just be holders like ivabiggon and myself - buying a couple more due to being excited by the encouraging language of the announcement, and the limited remaining timeframe to finalise a position pre-results with the belief that odds of a good result are in our favour...
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Benelong - the uptick is possibly traders applying a buy-in...
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