By my reading of things wilzy, the sp has found a base at or very near to 53c, give or take a few pips either side, over the last week or so.
The market seems prepared to await developments, which we know can come at any time with stocks of a speculative nature. It would seem to me that given the increasing interest in M&As globally that some may punt on BRN being placed on such a list, arguably.
Conservatively, I would speculate that the vast majority of existing holders of BRN have had time, since the early volatility, to determine if BRN is worthy of accumulation or at least a hold and wait position. Just my view, esp.
2020 BRN Discussion, page-26240
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $389.7M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.5¢ | 20.5¢ | $939.4K | 4.490M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 201415 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 667700 | 20 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
21.3¢ |
Change
0.000 ( 1.05 %) |
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| Open | High | Low | Volume | ||
| 21.0¢ | 21.5¢ | 21.0¢ | 2673397 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| BRN (ASX) Chart |