@AUROPAL ive actually got no idea. i have read DUb being accused of being a fraud etc, which would not surprise me, but it probably means that there are alot of shorts in the stock. a lot of shorts mean a lot of volatiltiy as they are want to cover at any movement up in the share price. so exaggerates moves up and down. who made this stuff legal? could be just that

@AUROPAL Could be to do with contract wins in Europe.

@reddogaustin that could be it although if a material win surely should have caused an announcement from Dubber themselves?

@Solvetheriddle I might have missed them but I haven’t seen any short reports or articles calling Dubber an outright fraud I.e. Wirecard, but certainly some questionable accounting practices were applied that have since been corrected with disastrous impact on results.

Would love to read any short reports you’re aware of if you can link them.

@AUROPAL there are no short reports as far as i know, but i have heard a couple of people questioning the business model and unit economics, fraud mentioned, if i recall Rask and Ausbiz people commented, but with disclaimers so they dont get sued, of course. given the below (last 6 halves, rev/pbt/cfo) i think the stock would attract shorters, in this market environment, imo.

I am assuming Mr Market emotions are at play here. On a beaten down stock, any news that seems good, material or not, may act as chum in the water for retail buy-er-seller-sharks to frenzy on and drive a price higher.