Price spiral? Where did you get that? The price is around the same as it was 5 months ago. It has traded largely sideways since then.
The retail concentration is not due to some retail delusion as you seem to be making out. It reflects the fact that retail investors like the long term holders here are free to research and invest in a company as they see fit, without the constraints of being on a particular index or having a certain level of revenue that prevents many institutions from buying.
2021 BRN Discussion, page-12370
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Last
25.5¢ |
Change
0.020(8.51%) |
Mkt cap ! $500.4M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 27.5¢ | 22.0¢ | $8.399M | 33.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 338805 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| BRN (ASX) Chart |