Here is my latest thought bubble.
There are posters suggesting there might be a pump and dump. Given that the share price has been going up quite rapidly at face value this seems a valid concern.
So I went looking for the pump and have only found anti pump catalysts:
1. MF articles stating continuously negative comments.
2. AFR articles stating continuously negative comments.
3. Dismissal of CEO and no announcement as to his long term replacement.
4. Latest advice from BRN that chip will take until September.
5. Expected announcements not yet released by BRN.
Then we have a well known shorter taking according to his Twitter his largest position in BRN which he logically did because being aware of the above had an expectation that the share price would retreat.
So no pump but yet the price continues to rise
bringing me back to my discussion of tipping points.
Anyway as I say just a thought bubble and my anonymous opinion DYOR.
FF.
2021 BRN Discussion, page-3003
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Last
29.0¢ |
Change
0.035(13.7%) |
Mkt cap ! $572.0M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 29.0¢ | 26.0¢ | $10.11M | 36.62M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22403 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 628072 | 21 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| BRN (ASX) Chart |