$4 seems pretty unrealistic TBH, that'd give them a $6B market cap, I just can't see it without some seriously meaningful deals being announced.
The recent spike wasn't based on any meaningful news, I think it'll peter back down to <$1.
There are a lot of new traders piling into this stock with no idea what they're doing. They'll lose their nerve and pull out to minimise their losses.... we've all been there when we were beginners.
BRN Trading short term, page-24
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 (20min delay)
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Last
26.5¢ |
Change
-0.005(1.85%) |
Mkt cap ! $501.1M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.0¢ | 26.3¢ | $1.345M | 5.043M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 28430 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 859932 | 33 |
View Market Depth
| Last trade - 15.03pm 13/05/2024 (20 minute delay) ? |
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Last
26.5¢ |
Change
-0.005 ( 1.30 %) |
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| Open | High | Low | Volume | ||
| 27.0¢ | 27.0¢ | 26.5¢ | 2613222 | ||
| Last updated 15.23pm 13/05/2024 ? | |||||
| BRN (ASX) Chart |