This is not a pump and dump and not even in the sense of its informal meaning too.
They have to be triggered by news and right after the news, then the dump.
Mid-September last year we had the Akida validation Ann at the top of the spike and then... Bam. Dump.
Many stocks go down even before news is released. This recent increase in SP and the last two days have been very healthy retracement IMO with no news. The inclusion into ASX300 may have something to do with it, but at least it wasn't a hard core dump on Monday.
Exciting times ahead and next week we should finally get some news from the company re: new top 20 holder. If we are lucky, maybe a CEO update or at least an operations update. But that may be too optimistic. I like to play it safe and not have high expectations. That has served me well so far.
GLAH.
Chart, page-8669
-
- There are more pages in this discussion • 12,238 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BRN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $333.6M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 16.8¢ | $1.713M | 9.977M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 308539 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 1292113 | 14 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |