‘Stunned’: GameStop trading frenzy causes local mining company shares to soar – Sydney Morning Herald

This enthusiasm has penetrated investing groups in Australia, with traders on local Reddit forum ASXBets showing off apparent purchases of thousands of shares in the locally listed GME.
Peter Sullivan, GMEs managing director, told The Age and The Sydney Morning Herald he was stunned after waking up to see the companys share price up over 50 per cent.
When I opened my share tracking app and saw it was at 9.4 cents, I was stunned, he said. It just went bang, and I thought, well, whats going on here?…

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