Ive sold my BRN.
BRN is subject to different forces-
There were 54.5 mill shorted at 10.1.22 We could be seeing a short squeeze.
I believe there is a lot of churn going on
It has become a meme stock with a huge following. I read it was being pushed hard on Reddit.
The level of FOMO has reached pathological proportions.
BRN is probably where AXE was when it rose exponentially to 3.00. At that time their were a number of posts about the life changing capacity of AXE similar to the current posts on BRN.
I don't know definitively what is going on with both companies.
If large institutions, holding for the long term, are entering one or both companies then the share prices will be supercharged and maintained.
AXE vs BRN, page-4
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Last
38.0¢ |
Change
-0.005(1.30%) |
Mkt cap ! $95.56M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 38.5¢ | 35.5¢ | $84.48K | 227.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1250 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 7334 | 1 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| AXE (ASX) Chart |