Seriously...
As I said before
Of the 274M BRN shares traded since the rebalance on the 15th Sept the number of shorts outstanding has only reduced from 129M to 111M. The short speculators MUST buy more than 110M BRN shares. Who is going to sell?
If I was one of those holders who jumped in @ $1.65 and now the price is 1/10th that. What would prompt me to sell? Hardly worth it, might as well put them in the bottom draw and see what happens. DYOR.
Chart, page-20792
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $399.0M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.0¢ | $696.6K | 3.233M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 1400407 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 218182 | 13 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| BRN (ASX) Chart |