Ironic isn't is rsah...
On the 7th of March when those rats left the ship (Ceasing to be a substantial holder from Asian Dragon Acquisitions) you wrote:
"Rats leaving a sinking ship. As I wrote earlier, at some point, even the Singapore funds will tire of this supposed cash machine and get rid of this sore in their balance sheet. They got lucky in 2016...and now it is time to cash in their lottery tickets. If BRL management does not view this as a kick in their face, then nothing will. I expect them to be more aggressive in their buybacks now. If not, then they are truly tone deaf."
Turns out Talley's was almost certainly the buyer (and was buying 4% or so prior to todays announcement... it was an organised exit by Asian Dragon... not some rat leaving a sinking ship!)... They probably can't wait to start getting bigly dividends! (maybe they know something regarding that??)
Ironic isn't is rsah...On the 7th of March when those rats left...
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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 |
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| Last trade - 13.41pm 26/07/2024 (20 minute delay) ? |
| BRL (ASX) Chart |