This bump has gotten a bit bigger quicker than I was expecting. I’m grateful it’s not a sunspot. Still on no real news. Possibly getting to the point where the tightly held share registry (down to about 15 million Australian CDIs vs about 19 million in US common stock) is causing a bigger price movement in the right direction for a change. Much bigger volume on the NASDAQ so probably also seeing a virtuous circle effect as the US money chases the Australian close. I’d hazard a guess also that it’d only be some niche or sophisticated investors bothering with an arbitrage game at this point.

Whatever is occurring, I hope it continues for a while longer…[Cue share price trapdoor].