Now if I wasn’t so suspicious in the trading activity overnight and upon open today , I may think :
A trader pre-plans and buys 1 million BRN shares @ 0.95 / $950,000
Then sets about creating the pump .
Buy’s 40,000 24Y shares @ 0.75 Euro / $31,800 ( 30% pump )
Other German and US exchanges join in , stock threads go into hyper drive .
The trader then sells and offloads the 40,000 24Y shares @ 0.78 Euro / $31,200 ( a small loss )
The trader then sells and offloads the 1 million BRN shares at $1.07 / $1,070,000 ( a huge gain )
Profit conversion in AUD $
+ $120,000
- $880
Total profit for a nights work and some pre-planning $119,120 .
Well played ….
All in my opinion ……
Chart, page-18243
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Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $451.3M |
Open | High | Low | Value | Volume |
23.0¢ | 24.0¢ | 21.5¢ | $2.863M | 12.69M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 136498 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 444756 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 116498 | 0.230 |
4 | 205000 | 0.225 |
23 | 689438 | 0.220 |
22 | 1098412 | 0.215 |
38 | 1026309 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 444756 | 13 |
0.240 | 941937 | 20 |
0.245 | 612347 | 15 |
0.250 | 151787 | 5 |
0.255 | 132485 | 7 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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BRN (ASX) Chart |