BXB 1.27% $14.33 brambles limited

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  1. 291 Posts.
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    BXB has been trading in a narrow downward channell since 4 May and hit the bottom of that channell today at $5.54. Strong volume then came in and forced the price up before a weak close. Today's volume of 24m. suggests that something is in the wind as this volume beats the combined volume of the previous three days. The company explained that the loss of one customer was made up for by gains from other customers and overall the company has not suffered any loss as numbers remain roughly the same.
 
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