I am a long term holder and have been accumulating more over the last month or so.
I think BRN have a great future to look forward to.
We have been in a sustained downtrend for some time. I posted some charts indicating the down trend may be running out of steam. There appears to have been some quite bullish accumulation over the last 5 weeks or so.
Its a downtrend until its not and bullish green shoots are beginning to appear. Wait until we see it all play out.
The way i figure it is if BRN does not make it then it does not matter what you paid per share - everyone loses.
If as i believe BRN will be a disruptor and do well everyone will make money regardless of what you paid per share.
The market for stocks like BRN is driven by expectations. The 'tech talk' between ARM and BRN may trigger some bullish expectations. ARM seem keen as they apparently organised the talk.
Sean has a line of sight to revenue and marketing to create expectations began in April23.
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Last
26.0¢ |
Change
-0.005(1.89%) |
Mkt cap ! $482.5M |
Open | High | Low | Value | Volume |
27.0¢ | 27.5¢ | 26.0¢ | $1.792M | 6.748M |
Buyers (Bids)
No. | Vol. | Price($) |
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37 | 979069 | 26.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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26.5¢ | 612503 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20 | 0.285 |
2 | 80038 | 0.280 |
4 | 38614 | 0.265 |
31 | 339927 | 0.260 |
20 | 648349 | 0.255 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 200 | 1 |
0.250 | 30000 | 1 |
0.260 | 238713 | 5 |
0.265 | 867866 | 9 |
0.270 | 899848 | 12 |
Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
26.5¢ |
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Change
-0.005 ( 0.00 %) |
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Open | High | Low | Volume | ||
27.5¢ | 27.5¢ | 26.0¢ | 4881669 | ||
Last updated 15.59pm 16/05/2024 ? |
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BRN (ASX) Chart |