Hard to pick the bottom.
But, considering this stock was up at 70 cents not so long ago, you could consider 20 cents as pretty much bottom.
Not saying it won't go lower but personally I am buying more now, and if it goes lower hopefully I will have more spare cash.
The thing about waiting for the bounce is that I don't think it will be gentle.The only thing that will stop the price from going lower is an announcement - and that announcement is likely to be the game-changer.
I wouldn't be worrying about catching the falling knife, I'd be worried about trying to catch the shooting star after an announcement.
But then, some here think BRN is going out backwards and heading for an extinction event.
Guess we are at the gambling end of the market.
Hard to pick the bottom.But, considering this stock was up at 70...
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Last
24.5¢ |
Change
-0.030(10.9%) |
Mkt cap ! $480.8M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 27.0¢ | 24.0¢ | $4.928M | 19.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 1304197 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 839958 | 18 |
View Market Depth
| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| BRN (ASX) Chart |