2021 BRN Discussion, page-2569

Hi Fathoney.

All that has happened since the 11th March where the SP hit a low of 0.41c is that BRN will be included on Monday into the ASX300.

And as at the final closure on the 19th of March we then closed at 0.665. That's a 62% gain in SP in in 9 trading days.

I have watched many companies coming into to the ASX300 for the first time in the rebalance. That's where I get my research projects from.

I look at there past history and charts and look into their business model. This is one of the ways I find promising ASX companies.

Believe me what's happening to BRN is not normal as I have for over many years of watched what happens to stocks transitioning into the ASX300.

I have watched many ASX300 transitions many good and very good, some not so much so. BRN lead up is exceptional far beyond anything I have ever seen before. Be careful.

Folks I love this stocks long term future, but hate these games.

It's just the inclusion into the ASX300 that has sparked this. A rise on market capitalisation from the low on the 11th of March of 667m to 1083m in just 9 days.

Be very careful on Monday when this stock first trades as an ASX300 stock. Anything can happen it currently 66.5 stock 15% swings from high to low would not surprise me.

Then again much action might not take place during the day, But like Last Friday and then large gyrations in the auction and then maybe later happen.

Or again the trading could be unsurprising.

There are too many big players in this stock right now.

I will just watch and see how it plays out on Monday and the coming week. I am not dealing into this game

DYOR.

Cheers Lies