Because it is a penny stock.
and if you were looking at BRK for the first time you'd have major doubts because the company has performed very well operational in an environment it could only dream of and making money they never thought they would make, all the while the SP drops 50%.
You'd just stay away and if you are some consistent upward movement you might take a punt. At 1.6c not a huge risk if it went up slightly.
Given how many people will sell over the next 2 months perhaps 1.6c is not a bargain
Because it is a penny stock. and if you were looking at BRK for...
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Last
1.2¢ |
Change
0.001(4.55%) |
Mkt cap ! $54.88M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $13.94K | 1.215M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 40584449 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 10521255 | 18 |
View Market Depth
| Last trade - 12.29pm 07/08/2024 (20 minute delay) ? |
| BRK (ASX) Chart |