For me personally I am not expecting anything good to eventuate from this trading halt.
This isn't the first time that there has been good news floating about (airbus at the moment), the shareprice has been holding up well despite the onslaught of shorters, and then the brn management will release an announcement that completely kiboshes any momentum.
It is such a rinse and repeat that it is suspicious in its very nature.
Now having said that I do so hope that this is not the case this time as it will cause some people to look deeper, let alone the 12 million shorts recently contracted. Surely the company is not that stupid. Is it because the shorts didn't do their intended job?
Time will tell all.
For me personally I am not expecting anything good to eventuate...
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Last
23.0¢ |
Change
-0.025(9.80%) |
Mkt cap ! $451.3M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.5¢ | 22.0¢ | $3.918M | 16.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 658476 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 112520 | 8 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| BRN (ASX) Chart |