Yes - most intriguing... share price is suddenly back to where it was nearly 3 months ago (all with good on market volume - and extremely high off market volume) - and that's despite some claiming the share price slide was due to coal prices, and those same coal prices have not recovered and further irony around the fact BRL hasn't downgraded their profit outlook (perhaps a surprise to the market?)
Possibly a stealth takeover being prepared (see my Post #: 41269014 earlier this week) - would certainly make sense given coal prices have stabilized, BRL continues to print money, and, well BRL's share price is ridiculously low... the taking over party(s) could come out and say to shareholders "we'll offer you 18 cents" or something and it would seem 'amazing', but in reality anyone who's actually done some logical analysis would know it is even that close to fair value (bit like what is happening over at NZO.NZ).
Interesting times.
Ann: Quarterly Activities Report - earnings guidance maintained, page-20
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Last
73.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $140.6M | |||
| Open | High | Low | Value | Volume |
| 73.5¢ | 74.0¢ | 72.0¢ | $31.14K | 42.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7500 | 73.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.0¢ | 5996 | 1 |
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| Last trade - 15.45pm 30/08/2024 (20 minute delay) ? |
| BRL (ASX) Chart |