I hope it creates a tight holding investor. That will run the price up and as a long term investor this will be well taken by me.
The day trading and volatility I could do with out and care less I'm looking for value. Have I Traded shares yes in swing trades when I buy more then I want to hold long term yes. But usually i end up holding the excess cash in shares.
If the share float has less shares the price will be hire supply and demand so I don't see how this would keep the price down. The price is down as there are too many shares for sale. economics 101 supply ad demand.
2021 BRN Discussion, page-27305
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.5¢ | 19.5¢ | $656.1K | 3.281M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 364081 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 1348618 | 18 |
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| BRN (ASX) Chart |