BTR 6.52% 2.5¢ brightstar resources limited

what is going on here ?

  1. 4,298 Posts.
    lightbulb Created with Sketch. 1420
    Although I am more the happy to see the SP rising I ask myself spontaneously what really is going on here.

    The volumes are nice but not sensational. So ask myself "who" is buying at substantial higher prices then for example 1 week ago ?

    Why would you buying a stock that made so much this year ? Why would you buy BTR at 80 cents ? Because you want to make 10 or 20 % ? I do not believe so.

    I have the feeling that either some long term holders are trying to reduce their cost price (e.g. when they have bought somewhere between 2-4 A$) or other jump in now because they have the feeling to make 100, 200 or more % in the mid term.

    OR...some people have better informations that I have and there are some announcement ahead that will put the SP again substantial higher.

    In a few day we will see at the GM if any new informations will be delivered.

    Meanwhile everything is possible. Here something is going on and I would not be surprised to see prices above 1 A$ before year end.

    Any other opinions ?
 
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Last
2.5¢
Change
0.002(6.52%)
Mkt cap ! $174.7M
Open High Low Value Volume
2.4¢ 2.5¢ 2.4¢ $348.7K 14.31M

Buyers (Bids)

No. Vol. Price($)
5 346700 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 2977988 7
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Last trade - 15.50pm 08/11/2024 (20 minute delay) ?
BTR (ASX) Chart
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