I sold out of BRG when they were above $7.70 because I thought their valuation was beginning to look a bit stretched without a reported (or rumoured) improvement in profits. The dropping AUD/USD will also work against them for now. I'm a little surprised by how quickly they've come down. If they come down much more, they'll be looking like a decent buying opportunity IMO, particularly if the new CEO is able to produce a small improvement.
Ann: Change in substantial holding, page-3
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Add BRG (ASX) to my watchlist
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Last
$29.60 |
Change
0.340(1.16%) |
Mkt cap ! $4.245B | |||
| Open | High | Low | Value | Volume |
| $29.41 | $29.90 | $29.35 | $4.143M | 140.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 458 | $29.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.62 | 672 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| BRG (ASX) Chart |