The stock market is the most interesting insight into human psychology. BRN’s fundamentals when it was languishing at 15 cents were exactly the same as when the share price suddenly started going exponential a few weeks back and they are still exactly the same now that the dump is happening.
So which share price action was ‘right’. Languishing at 52 week lows, exponential pump or sharp drop?
Nobody knows. All the money pouring in on the way up over the last few weeks has no idea what they were buying - just buying because everyone else was. Ditto on the way down.
how high, page-99
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 (20min delay)
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $342.8M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.0¢ | $737.6K | 4.203M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 69 | 1587304 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 213251 | 4 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |