Ha! Don't know if you call Mr. Market "Nitwit"...but there is no shortage of sellers of this "Nitwit" stock.
Mr Market has delivered its verdict...this quarterly report was a big disappointment...and the buyers seem to know it...and the sellers are out in force all over again. No one is stepping up to buy IJ's 1.8x EBITDA stock even though there are well over at least 3.1 million shares available at a mere 12.5 cents. Heck, someone even dumped another 1 million shares at 12 cents.
Investor fury at BRL continues unabated...this remains a laughing stock of the ASX. Mr Market does not even seem bothered by BRL's supposed buyback of 75 million shares...which is sounding like another mirage. There is no cash to pay for it...so even the buybacks are slowing down considerably.
Ha! Don't know if you call Mr. Market "Nitwit"...but there is...
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Last
80.0¢ |
Change
0.005(0.63%) |
Mkt cap ! $153.0M | |||
| Open | High | Low | Value | Volume |
| 80.5¢ | 81.0¢ | 79.0¢ | $9.941K | 12.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.0¢ | 29260 | 2 |
View Market Depth
| Last trade - 13.41pm 26/07/2024 (20 minute delay) ? |
| BRL (ASX) Chart |