BRM 0.00% $2.53 brockman resources limited

buyers turning up, page-19

  1. 1,104 Posts.
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    Hi Pelm, I reckon there's too much weighting on the sell side to be confident that it's now an upward trajectory. There might have been a few eager buyers today due to the quarterly report. I think it will fall below $1.48 if tonight is a red day on the DJIA. If there are a few green days on the DJIA, I reckon the big sellers might let the price rise a few cents for a couple of days to allow buyer numbers to build up before they dump the stock again. I get the feeling it's similar to the $1.80 to $1.90 trading we had a couple of weeks ago that had momentarily stopped the SP falling.

    Will be interesting to see which of the major holders has been selling and how many new holders come into the top 20.

    I'm still waiting for the SP to rocket up due to Pato's opening the buy book and the new major Australian and international investors topping up after the placement was approved at the EGM - LOL.
 
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