1. Pump stops, Na+ channels open, (K+ channels closed)
2. Na+ flow in down concentration gradient making inside less negative \[Depolarisation\]
3. As Na+ continue to flood in, positive charge builds up inside until gradient dissipates: inside now +30mV
4. Na+ channels close, K+ channels open
5. K+ flow out down concentration gradient making inside more negative \[Repolarisation\]
6. So many K+ flow out that inside becomes even more negative \[Hyperpolarisation\] (-90 mV)
7. K+ channels close, pump starts working again restoring resting potential.