Telecom operator TPG Telecom (ASX:TPG) has disclosed that it is not aware of the reason behind today's sudden increase in the company's share price.
In response to an ASX price query, TPG Telecom said it was not aware of any explanation for the price change in its shares, which grew from $1.825 on Monday to a high of $2.00 today.
The shares have since declined from this high, but are still trading 3.29% higher at $1.885.
Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.