Now if I wasn’t so suspicious in the trading activity overnight and upon open today , I may think :
A trader pre-plans and buys 1 million BRN shares @ 0.95 / $950,000
Then sets about creating the pump .
Buy’s 40,000 24Y shares @ 0.75 Euro / $31,800 ( 30% pump )
Other German and US exchanges join in , stock threads go into hyper drive .
The trader then sells and offloads the 40,000 24Y shares @ 0.78 Euro / $31,200 ( a small loss )
The trader then sells and offloads the 1 million BRN shares at $1.07 / $1,070,000 ( a huge gain )
Profit conversion in AUD $
+ $120,000
- $880
Total profit for a nights work and some pre-planning $119,120 .
Well played ….
All in my opinion ……
Chart, page-18243
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Last
27.0¢ |
Change
0.035(14.9%) |
Mkt cap ! $532.5M |
Open | High | Low | Value | Volume |
24.5¢ | 27.8¢ | 24.5¢ | $7.349M | 27.69M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 156211 | 27.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.5¢ | 624856 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 137700 | 0.270 |
12 | 2152701 | 0.265 |
12 | 494745 | 0.260 |
13 | 583150 | 0.255 |
27 | 441271 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 624856 | 21 |
0.280 | 1778168 | 35 |
0.285 | 631540 | 23 |
0.290 | 666074 | 17 |
0.295 | 303903 | 14 |
Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
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BRN (ASX) Chart |