I'm definitely not panicking. If BRN were to go to zero, that would incur a 4% loss of portfolio for me. If it closed below 13.5c I will sell and watch on. That would be a 1% of portfolio loss. My current risk at market is less than 3% if my stops all get hit.
The only reason I re-entered at low prices was because I have had a strong month in July. 40% profit, so I can take a small position with very low exposure that is more of a potential asymetric risk/reward, not in the normal plan type of investment. Ie. A terrible YOLO very low percentage type trade.
My points are as highlighted and I'd be very concerned for shareholders that have a large exposure to BRN as a percentage of their portfolios, even at these prices. They can go a lot lower in my view fir all the reasons already stated.
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Last
17.3¢ |
Change
-0.003(1.43%) |
Mkt cap ! $343.4M |
Open | High | Low | Value | Volume |
17.0¢ | 17.5¢ | 16.5¢ | $504.3K | 2.954M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 491471 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 532849 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 154845 | 0.170 |
46 | 2175099 | 0.165 |
42 | 1777107 | 0.160 |
50 | 1700016 | 0.155 |
124 | 3677959 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 532849 | 23 |
0.180 | 976142 | 17 |
0.185 | 1094755 | 16 |
0.190 | 1157488 | 23 |
0.195 | 1449472 | 15 |
Last trade - 12.59pm 16/09/2024 (20 minute delay) ? |
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BRN (ASX) Chart |