Nobody is accumulating this stock except retailers.
The algo trading is a different kettle of fish. Most algos rely of very small profit margins, but obviously on high volume.
The assumption that the algo trading on BRN is for accumulation is nothing but wishful thinking.
If you think big guns are accumulating BRN (a minnow small cap on ASX no less) then you are in for a surprise.
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Last
22.8¢ |
Change
0.033(16.7%) |
Mkt cap ! $421.9M |
Open | High | Low | Value | Volume |
19.5¢ | 22.8¢ | 19.0¢ | $3.726M | 17.51M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 812632 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 2325878 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 781851 | 0.225 |
16 | 558136 | 0.220 |
13 | 399935 | 0.215 |
20 | 827020 | 0.210 |
18 | 673465 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 2271549 | 20 |
0.235 | 650732 | 13 |
0.240 | 277570 | 13 |
0.245 | 132516 | 8 |
0.250 | 396898 | 29 |
Last trade - 13.10pm 30/09/2024 (20 minute delay) ? |
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BRN (ASX) Chart |