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So what was wrong with brk when economy was going upward and oil...

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vik1989

252 Posts.

84

04/07/23

18:38

Post #: 68618103
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Originally posted by nimbusnewman: ↑

I think a lot of people here that are blaming management for the share price are forgetting that the economy is heading downwards and interest rates are heading upwards so there is not much spare money around like there was a few years ago. You need buyers to make the price go up. I am no longer buying any shares at the moment and I assume like most others any spare cash is going on the mortgage. Many people at work I talk to are doing the same or just banking it and keeping a cash buffer. Nearly all of my watchlist (not just BRK) has been on a downtrend for 2 years now and my other main purchase was nearly insolvent due to corruption. (Down 95%) It's currently suspended and not looking like trading for at least the rest of the year. I learnt the hard way about holding on. I used to be good at selling at the bottom. I hope I am wrong but I really can't see much movement in the next 6 months or at least until there is a bit more economic certainty. My 1.2cents worth.

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So what was wrong with brk when economy was going upward and oil prices were touching 100$??

BRK Price at posting: 1.2¢ Sentiment: Sell Disclosure: Held
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2 Great analysis

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(20min delay)
Last 1.1¢		Change 0.000(0.00%)		Mkt cap ! $52.41M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$563	51.21K

Buyers (Bids)

No.	Vol.	Price($)
48	20530017	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	12315267	17

View Market Depth

No.	Vol.	Price($)
1	40000	0.012
47	20480018	0.011
21	9491165	0.010
10	6630014	0.009
2	370000	0.008

Price($)	Vol.	No.
0.011	41213	1
0.012	12315267	17
0.013	25184726	19
0.014	25597175	24
0.015	12354140	16

Last trade - 09.59am 14/06/2024 (20 minute delay)


Last 1.1¢			Change 0.000 ( 4.35 %)
Open	High		Low	Volume
1.1¢	1.1¢		1.1¢	100000
Last updated 10.13am 14/06/2024 ?

BRK (ASX) Chart