you are right there - volumes have been, again, stupidly low... the market is definitely waiting to see if things are as good as they sound (and not "to good to be true").
Interesting that for a reasonable amount of time 12.5c seemed to be a "road block" with the share price trading quite a bit between 12.0 and 12.5 (mostly finishing at 12.5)... now it seems to have taken a step up and trading between 13.0 and 13.5 (mostly finishing at 13.5). Ironically, the "road block" in both occasions has been on the back of stupidly low volumes and any surge in volume has been met with a reasonable (if not very impressive) share price rise, only to fall back down again - on the back of those same stupidly low volumes that put it there.
Half year and quarterly results will hopefully generate some buying interest - also ironically it won't take alot of buyers to steam roll the "road block" at 13.5c (1m or so shares up for sale at this price is less than 0.1% of the total shares on issue).
@Bricking , I thought you would have sold out by now? lots traded not that long ago at 14.0c...
BRL Chart, page-267
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Last
71.5¢ |
Change
0.015(2.14%) |
Mkt cap ! $136.8M | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 72.0¢ | 71.0¢ | $23.08K | 32.26K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25750 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 19190 | 1 |
View Market Depth
| Last trade - 15.51pm 09/08/2024 (20 minute delay) ? |
| BRL (ASX) Chart |