2021 BRN Discussion, page-14548

Just to add some perspective to my post this morning re AFR bagging Twiggy Forrest... On the whiff of Twiggy possibly gaining rail access in WA back in the day, the sp rallied in days to hit circa $5 from my holding position of 50c. The article attacked Twiggy’s character and the sp dropped to circa $3.

I had an investment partner then who was happy to take the $3 and move on. I had health issues at the same time and agreed without spending more time to research further.

The point being, we were swayed by the AFR when we should have taken a less knee-jerk response. FMG was obviously not a flash in the pan trading opportunity, although a lot of miners are prone to such movements because of the highly speculative nature of that industry.

DYOR of course, but BRN appears to me to be on the cusp of commercialisation in a growing industry, so my personal inclination is to see this as a minor setback, which probably has more to do with some EFY trading and possible shorting shenanigans. I could sell and realise a healthy profit even at this price, but the low number of shares traded and the prospects for growth are such that I happily picked up a sizeable parcel right on close of trading.

Please if anyone can make a case against my decision, I would welcome sound reasoning, otherwise I will hold and follow proceedings. esp.