Hi LDL,
Yes, there is always reasons for moves. The LDA connection could well be a primary driver.
Some pretty good deep diving investigation.
PR and dilution wise its better to raise at the highest possible price.
One thing for sure is something is going on to cause the almost un noticed accumulation over the last 5 weeks.
It has also co incided with a marketing push from early April.
BRN confirmed that marketing has been cranked up This is in relation to both new investor and client interest. We all knew that anyway.
Chart, page-19978
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Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $361.9M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.5¢ | $878.2K | 4.371M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 64 | 1444914 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 388739 | 9 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |