Just to be clear, BRN cannot be shorted via CFD or other platforms.
See snapshot below. Short only makes up 0.035% of free float. Z1P has about 4.5%, and Webjet has around 15% to give you a perspective.
So don't blame the shorters, it's not.
It's the day traders and smart money distributing at the top and sucking in those who "FOMO" and now have to sell at a loss.
2020 BRN Discussion, page-11475
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Last
19.5¢ |
Change
0.005(2.63%) |
Mkt cap ! $361.9M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.0¢ | $661.1K | 3.388M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 516291 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 1158060 | 31 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |