Picked up a few of these for a punt a number of weeks ago. These...

Picked up a few of these for a punt a number of weeks ago. These Brewer stocks are something else...and so far , not in a good way; i dount the ASX has seen the likes of Brewer and his trails in the past.

I seen that there was a bout 40-50m dumped as the volume came through on a comsec notification; a 40-50m red movement always hits a point on the psychological richter scale up front no mater the value, as its just a large number; so i was a bit concerned..., first thing you look to see if its one large or multiple dumps

1:02:13 PM - 25m on the nose straight dump followed by a 700k number $1,500 value sell a minute after ; then at 1:13:41 PM an other on the nose 25m straight dump....it basically didnt move after the inital 25m dump for over 10 minutes, waited for a reload of numbers into 0.002 before off loading the next 25m. A 2m straight buy/sell a few seconds later which broke it box hitting a midpoint at 0.0015 1:22:25 PM, before 27m where picked up all in the 0.002 range till close.

What i take from that and looking at a recent T20, is that someone most likely a 50m holder, as there are no other clean 25m holder(s), got impatient with the time things were talking and bit the bullet..it dropped to 0.0015 before being bought back into 0.002 and theres not a huge tilt in the overall buy / sell orders waitng i.e. 140m to 170m..

50m dump...$100k ; not uncommon size trades, just has more impact on micro stocks

Happy to hold; probably good to have that holder off the register too...i generally dont like large Arsenal holders with slippy trigger fingers

Happy to keep the punt in hand...but FFS Brewer clean up your act and lets get things moving