haha.
You're acting as if BRN's slide has only started since Evergrande stopped paying it's bills.
BRN's weakness come down to a complete lack of (material) runs on the board in terms of revenue and customers and (so far) a completely unproven product.
Maybe Akida will end up selling, maybe it won't. There's significant risk for investors.
The reason shorters are having a field day is down to the number of BRN holders who are 'cult'ish' with their holdings and have the mistaken belief that a company with essentially no revenue has been de-risked.
The pain is unlikely to end anytime soon. There's limited chance of a turn around given announcements won't happen until October at the earliest due to P VDM's share sale.
The other question is whether P VDM is even done selling yet. If he drops anymore into the market, it's only going to add to the weakness.
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haha.You're acting as if BRN's slide has only started since...
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Last
31.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $572.2M |
Open | High | Low | Value | Volume |
31.0¢ | 32.0¢ | 30.5¢ | $1.046M | 3.347M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
45 | 1069759 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 297658 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
45 | 1069759 | 0.305 |
82 | 1179223 | 0.300 |
28 | 529671 | 0.295 |
34 | 1506830 | 0.290 |
16 | 183040 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.310 | 290607 | 6 |
0.315 | 353667 | 10 |
0.320 | 406704 | 13 |
0.325 | 432011 | 8 |
0.330 | 671854 | 12 |
Last trade - 16.10pm 28/03/2024 (20 minute delay) ? |
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Last
30.8¢ |
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Change
0.000 ( 1.16 %) |
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Open | High | Low | Volume | ||
31.0¢ | 32.0¢ | 30.5¢ | 2790985 | ||
Last updated 15.59pm 28/03/2024 ? |
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