BRM 0.00% $2.53 brockman resources limited

technicals brrrreakout, page-8

  1. 1,104 Posts.
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    Kiwi, yes that's part of my holding. Keeping a close eye on this, don't want to jump in too early, particularly if it looks like $5 will be broken pretty easily. Still not certain why there' so much action at the moment. Some sort of offtake or rail deal must be close. I don't think that BRM management will want to issue more than the current number of shares for capital raising, so if they want to raise $1 billion via 140 million shares, they need the SP around $6.50 mark. Anyway, that't my thinking.
 
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Currently unlisted public company.

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