BRE 1.39% $2.92 brazilian rare earths limited

Market cap way off, page-29

  1. 5,057 Posts.
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    My first post on BRE thread.

    Two reasons, firstly I bought this week at average 285. Have been watching for a long time and thinking why its going up, but never pulled the trigger. Secondly, I do a weekly report across 30 REE stocks, for close to 2 years. I included BRE in the list last week. I usually try to do a post soon.

    Fundamentally, I am not a very strong player. For me trading patterns and price action is paramount. I find it very difficult to quantify market caps based on fundamentals. I have seen some big stocks like LTR gain 2 billion in a day or lose 2 billion in a day. Fundamentals didn't change in one day. I do weekly reports and I do numbers. It helped me pick up WA1 at $8 as it was doing yearly highs week after week, right in my face. I respected that. BRE is reaching that stage. My main reason is that. It already has a very big win in last several months, I am hoping it still has got some legs.
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    For those interested how the stock is tracking against other REE stocks or who hold multiple REE stocks, I do a Weekly Report across 30 ASX REE stocks. It has got Weekly/Yearly data how stocks are tracking. I also have commentary across general markets and sector. Those just holding specific stocks, it may not be relevant, so please ignore.

    Here is the report for this week.
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    https://hotcopper.com.au/threads/enr-weekly-report.7575014/#post-73667594
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Last
$2.92
Change
0.040(1.39%)
Mkt cap ! $275.0M
Open High Low Value Volume
$2.84 $3.01 $2.84 $159.0K 54.21K

Buyers (Bids)

No. Vol. Price($)
2 2166 $2.92
 

Sellers (Offers)

Price($) Vol. No.
$3.00 10000 1
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
BRE (ASX) Chart
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