HHG, AMP's British offshoot, jumped up 5 cents yesterday, after an initial fall, with about 55m in volume. This morning at 8:30am the volume was already 12.5m.
Saw an article in this morning's AFR that explained why: apparently the insurance company Resolution Life might be taking over some of its closed life funds. Plus there seems to be other takeover speculation.
I "bought" it for my paper portfolio on Monday at $1.26. Be interesting to see what happens next.