VAS for example is an index fund that tracks the asx300, they by definition will now be ‘forced’ to take a position in BRN by % of market cap in the 300. As BRNs value increases then more of someone’s dollars go to BRN through VAS or any other fund tracking this index.
I personally have a huge holding in VAS, makes me smirk a little knowing I have even more exposure to BRN. Fundamentally are we the greatest company, no.
Potentially are we the greatest company, absolutely.
I can’t help but wonder sometimes, does this have the potential to be CSL like, or the next big Australian like BHP? With the way the world is heading, we may need less iron ore and more silicon chips!
Thats my daydreaming for the weekend.
All the best to all, glad to see the mood lift a little in the BRN thread, it was startling to look like a case study for the detrimental effects investing has on human behavior
VAS for example is an index fund that tracks the asx300, they by...
Add BRN (ASX) to my watchlist
 (20min delay)
|
|||||
|
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) ? |
|
|||||
|
Last
21.3¢ |
Change
0.000 ( 1.05 %) |
||||
| Open | High | Low | Volume | ||
| 21.0¢ | 21.5¢ | 21.0¢ | 2673397 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| BRN (ASX) Chart |