The stock was seen to be trading around $17.23 following a sharp turn. This was after a significant low below $5.73. The recovery contributed to the stock price by over $11.50.

Markets of precious metals also recorded a sharp position change with the unwinding of the speculative exposure over the futures markets.

Platinum prices are going into a severe recalibration period following one of the most rapid rallies in the recent history of the metal.