The "momentum" was created by the actors (I use that word deliberately) who managed the CR - this stock was 152c in January, and was only 250c in April, was 270c in May, so, the ramp to 385c was the result of some serious "promotion". Apparently the CR " would help create some liquidity" .... so don't be surprised .... this stock will need plenty more CR's, so, wait for the next ramp to have "momentum" restored, before the next CR ... thats how the game is played.
News: BRE Brazilian Rare Earths Says Received Firm Commitments To Raise A$80M, page-6
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Last
$2.23 |
Change
-0.140(5.91%) |
Mkt cap ! $208.2M | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.33 | $2.15 | $904.2K | 401.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1281 | $2.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.34 | 800 | 1 |
View Market Depth
| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| BRE (ASX) Chart |