Yeah more or less.
Take into account new ASIC legislation implemented just now in March that requires a larger margin percentage coverge in brokerage trading platforms.
The platforms would not want to be overexposed if BRN fell sharply causing margin calls on many clients and wiping out too many accounts.
IMO
2021 BRN Discussion, page-325
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Last
28.5¢ |
Change
-0.005(1.72%) |
Mkt cap ! $526.0M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.5¢ | 28.0¢ | $891.4K | 3.096M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 1706695 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 424288 | 21 |
View Market Depth
| Last trade - 15.18pm 01/05/2024 (20 minute delay) ? |
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Last
28.8¢ |
Change
-0.005 ( 0.24 %) |
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| Open | High | Low | Volume | ||
| 28.5¢ | 29.0¢ | 28.5¢ | 1758948 | ||
| Last updated 15.36pm 01/05/2024 ? | |||||
| BRN (ASX) Chart |