MPP.AX stock jumps to A$1.72 intraday on thin liquidity: watch valuation risks

MPP.AX stock surged to A$1.72 intraday from a A$0.04 close, a 3,900.00% move that reflects extreme price swings on thin liquidity. The jump comes on very low reported volume and a tiny float of 7,182,500 shares, so intraday volatility and order-book gaps are driving the move rather than broad market demand.