My modest point of view is PVdM and AM aside selling shares for personal purposes is that they had to reduce their stake in BRN due to weight rebalances among new onboard team members which will be early annouced and agreements with relevant shareholders.
Share price may continue dropping to 33c. No revenues announced and yield bond pressure is translated in a lower company value.
Hopefully by end of October good news will act as a catalyst for a turn around.
2021 BRN Discussion, page-25512
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 19.5¢ | $1.251M | 6.200M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 1837538 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 114606 | 3 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |