Realised if I was wrong I would see all my profits lost and I honestly thought BRN was going to get to 500 million MC
Since the market didnt agree with me I changed my approach and reduced what was going to be my long term holding by 75%
Once M3 happened and SP kept falling to what some predicted would be the CR price, including myself, I bought 130k more at 16c
The CR is small, some say too small
What can we read into this?
On the 1 hand thats all they need to get to big news.... this I believe is more likely
On the other hand they are much farther from commercialization than they expected and they dont want to spook investors with a large CR and share dilution
IMO if you are still here and havent sold out, 2016 will make or break BRN SP wise, do you want to hold and find out or after holding so long sell at 1 bag like I recently did on EDE and want to cry every day it closes 20-30% higher?
Way too much from me good luck cafa with what you are invested in, you are definitely invested in BRN, just not with your money
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Last
25.5¢ |
Change
-0.015(5.56%) |
Mkt cap ! $502.9M |
Open | High | Low | Value | Volume |
28.0¢ | 28.5¢ | 25.0¢ | $6.972M | 26.15M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
41 | 1238103 | 25.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.5¢ | 241360 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
39 | 1217103 | 0.250 |
15 | 640583 | 0.245 |
26 | 936376 | 0.240 |
18 | 762554 | 0.235 |
25 | 1380451 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.255 | 241360 | 4 |
0.260 | 201013 | 5 |
0.265 | 461983 | 7 |
0.270 | 1795002 | 18 |
0.275 | 938742 | 16 |
Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
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BRN (ASX) Chart |