2021 BRN Discussion, page-3419

Thurs and Friday last week Off Market Bulk Transfers totaling >60mil share with code SX XT
Special Cross trades available for institutions after hours  with no need to mention late trade
Who do we have in our top shareholder that would transfer that volume of shares
There are only 3 with volume enough to transfer 60mil share
So transferred from one or more of these 3 Shareholders, to whom did they go and for what reason?
IMO this has got to be a big deal !!!

12:01pm 24/03 (AEDT) Market Index .com.au

	Name	Shares	Capital
1	Mr Peter Aj Van Der Made	176,305,508	13.18%
2	Mr Robert F Mitro	120,202,500	8.99%
3	Merrill Lynch (Australia) Nominees Pty Limited (1)	99,920,715	7.47%
4	J P Morgan Nominees Australia Pty Limited	22,983,041	1.72%

Then again it could be just Merrill Lynch setting up an account to broker BRN into Aussie super funds.
the below blurb explains ML is connected to Bank of America , which led the short sellers from our first peak of 97c.

U.S. Merrill (officially Merrill Lynch, Pierce, Fenner & Smith Incorporated), previously branded Merrill Lynch, is an American investing and wealth management division of Bank of America. Along with BofA Securities, the investment banking arm, both firms engage in prime brokerage and broker-dealer activities.