RE:PR and PartnershipOne cautionary note is to watch the volume.
Under two million shares per day (on no material news) can be reasonably attriuted to increased interest from retail and some additional institutional buying.
Unfortunately, ONCY has a history of spiked trading volumes (over five million) with no material news.
That kind of activity is suspicious and has been followed by capital raises at significant discounts.
I'm pleased to see a significant increase in share price but history tells me that a massive surge in volume (absent material news) is a bad omen.
It is either the same old playbook or we might at last be seeing something of substance.
Either way we'll know sometime this month.