[QUOTE=Cadalac123;784359]Good growth, to be honest this reaction would have made more sense when the report actually came out.. So I think there is clear insider trading.
Maybe Cadalac, on the 16 of Oct 2019 the first announcement was made of the revenue growth of more than 70%. The Share Price had a rise that day of 30% plus on good volume.
My observation with companies which have been badly managed and underperformed for an extended time is that very few investors take any notice of them.
If and when the (potential) turn for the better comes there is likely a time delay before the market recognised the new direction the company has taken.
I saw the same last year with Methven, to me it was obvious the new direction this previously very stale company had taken was a winner. Unfortunately I was not the only one and MVN has been taken over at a bargain price in my opinion.