Hypothetical...
you are a fund manager that put $1,000,000 into brn at .15c = 6.6 million shares
you have insight that within 30 days the potential for the sp could be back at .20c
and within 120 days the SP could be .35c and above
would you
A) take the .20c and make $320,000 profit
b) take the .35c and make $1.310,000 profit (minimum depending on SP)
I would think that a good fund manager would take option b, HOWEVER it is a crazy world we live in
my thoughts only
GLTAH
DYOR
Ann: Trading Halt, page-84
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Last
30.0¢ |
Change
-0.010(3.23%) |
Mkt cap ! $588.7M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 32.0¢ | 29.0¢ | $5.010M | 16.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 1154732 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 331583 | 4 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| BRN (ASX) Chart |