BRM brockman resources limited

strength in numbers, page-11

  1. 521 Posts.
    Given the sudden nature and severity of this morning early drops, I suspect that some of this morning's selling would have been triggered by margin calls. I don't see any reason why a genuine BRM seller, who was not under pressure, would choose to sell at these levels.

    Even given the above possibility, the total traded volume at 12:44 is still only 60,759 which, in the overall scheme of things, is a very small percentage of the shares still freely available for trading (i.e. excluding Wah Nam's holding).

    I know it's really frustrating, but the large price falls we have seen over the last few weeks, on some extremely small volumes, are hardly a convincing reason for me to sell BRM at these levels and walk away from its longer-term potential.
 
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