BRO broad investments limited

positive response to announcement

  1. 12,323 Posts.
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    Guys,

    Since the announcement the sp movement has been very encouraging. The buy side which had support at 0.7c has now gone up & we have a substantial support building at 0.8c. The trade today confirms that buyers are now willing to invest 0.9c as majority of trade today was at 0.9c (VWAP - 0.088c)

    Trade
    Number (s) Time
    Last Traded Price Volume Change Value Number
    of Trades
    15 - 27 4:10:40 pm 0.9 6,633,449 0.1 $59,701 13
    9 - 14 11:08:13 am 0.8 1,600,000 0.1 $12,800 6
    1 - 8 10:58:12 am 0.9 3,257,355 $29,316 8

    IMO this is GAME ON time now. The sell side at 0.9c has been steady at 44mill or so & we have seen in the recent past that A few lines can be taken out in matter of hours. This time if it goes beyond 1c, it could be the last time it sees these kind of lows.
 
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