So typical to see my discussion of BRN’s weakness not sitting well with forum mantra and being quickly modded.
Thus I have started a harmless thread. Talking about the price in general and pipe dreams are not censored right?
When company has ground breaking tech and a definitive upward trajectory, the insto investors nor founders sell at low.
Why? Because they can make multiples in the future if they know the tech is revolutionary!
Instead, ex-CEO Lou, Anil, Peter, LDA are ALL selling shares.
Oh Lou will be fully recovered by now and converting paper profit into real $$$! True winner here. It’s almost like they are competing with each other to see who can sell more cheaply.
A form of merciful sharing to public at a discounted price if you wish to see it that way.
This stock can be compared to Alt coins. The coin holds almost zero utility but there is always people dumber than previous dummy to buy for a higher price.But once you shortly run out of more dumb ones the trend reverses, it leads to selloff.
That’s how the BRN went up during 2021 with not much solid news but colorful promises.
So what will you do when the price hits 10c?
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $380.4M |
Open | High | Low | Value | Volume |
20.0¢ | 21.0¢ | 20.0¢ | $597.7K | 2.928M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 1703112 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 337767 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 1701462 | 0.200 |
29 | 1742341 | 0.195 |
41 | 2495336 | 0.190 |
56 | 2025692 | 0.185 |
52 | 1700506 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 287767 | 10 |
0.210 | 1086800 | 22 |
0.215 | 386124 | 10 |
0.220 | 840888 | 24 |
0.225 | 379731 | 8 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
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BRN (ASX) Chart |