Ann: Capital Call with LDA, page-278

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11/10/21

11:05

Post #: 56704848
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Originally posted by stan9614: ↑

Hey Zac
I understand your frustration, and i have seen you been very supportive to the company, topped quite a few time on the way done. So have I.

To be honest I was really puzzled on how share price could slide continuously since March without any negative news regarding to the company's fundamental. And then when I realise majority of the sell pressure was from Louis and LDA selling, I was a bit frustrated as well. However I then gradually come to realisation that it is just a short term impact on the SP as all the selling are just results of a pre-arranged option exercise or financing deal.

But before I realise the real cause of the selling pressure since March, I have been topping up at 60c, 56c, 50c, and 48c as well just like many other believers. It was until recently I had detailed look into the data and previous announcements, I stopped and started to wait and only topped around the expiry date of Louis Options at 42c,40.5c,39.5c. Had I learnt the truth earlier, my average top up price will be a lot better than what it is now. However, this is exactly what we call a invaluable learning process. We don't need to blame anyone as I believe it is our own responsibility to do enough research and gain more experience on how to interpret all types of announcements.

In the end, I'd like to re post part Tony's reply to my previous email enquiry. And just want to say personally I do believe logically, goods days are very close to us. Cheers

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I hope i'm not jumping the gun, but looking at the volume trading today on Commsec, it looks like the sell off is fairly complete now.
Hopefully this is the case.
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BRN Price at posting: 39.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 31.0¢		Change 0.045(17.0%)		Mkt cap ! $608.3M

Open	High	Low	Value	Volume
26.5¢	32.3¢	26.5¢	$13.67M	45.36M

Buyers (Bids)

No.	Vol.	Price($)
2	20364	31.0¢

Sellers (Offers)

Price($)	Vol.	No.
31.5¢	653900	10

View Market Depth

No.	Vol.	Price($)
2	20364	0.310
8	158991	0.305
36	867594	0.300
11	1023313	0.295
16	553133	0.290

Price($)	Vol.	No.
0.315	653900	10
0.320	588638	22
0.325	392901	18
0.330	182875	16
0.335	130980	9

Last trade - 16.10pm 10/10/2024 (20 minute delay)

BRN (ASX) Chart

Ann: Capital Call with LDA, page-278

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Ann: Capital Call with LDA, page-278

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