Personally, I think you are spot on. We had the small spurt to 36 cents (I missed the action due to doing something else) but nonetheless, when that normally happens in BRN, it goes for a gallop. So I was expecting it to virtually cruise to 40 cents.
People selling now, under 40 cents, makes no sense (to me). So I think your theory of big boys sacrificing some shares to keep the sp low, has merit. Maybe a lot of merit!!
Anyway, once she blows, it will be like the volcano that buried Pompeii did, in my personal opinion.
I certainly hope so, as I am now very overweight in BRN!! My money is very much where my big mouth is.
And .............like a lot of investors here, I am backing the man (Peter) as much as I am the company.
T minus 24 hrs to ANN, page-83
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 19.5¢ | $843.2K | 4.220M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 71948 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 644737 | 16 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |