why the smart reply ?
it's a valid post because FOMO had everything to do with the recent run in the MC to over $3.6bn for a company with no revenue....
Just stop and contemplate the amount of profits needed to justify a valuation in excess of say $4bn and it was nor hard to come to the conclusion that BRNs SP was going to retract just as fast as it rose..
I'm not saying it's not a good company with a great future and it may well now be a good buy but no doubt FOMO kicked in with a lot of the new age investors as I've seen on You Tube livestreams
Psychology of FOMO, page-2
Add BRN (ASX) to my watchlist
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Last
26.5¢ |
Change
-0.010(3.64%) |
Mkt cap ! $491.8M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.0¢ | 26.0¢ | $2.585M | 9.634M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 198622 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 661934 | 12 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
26.8¢ |
Change
-0.010 ( 2.83 %) |
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| Open | High | Low | Volume | ||
| 28.0¢ | 28.0¢ | 26.0¢ | 5647123 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| BRN (ASX) Chart |