BRN is an example of a company that is lacking investor backbone. The fall from $1.30 has been rapid and the founder even sold to give charity some proceeds before shorters rule this roost.
Who is to blame? Management
Management needs to be spruiking deals and upselling the benefits of its product. For now, investors see downside and can easily milk unsuspecting mums and dads.
BRN is an example of a company that is lacking investor...
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.5¢ | 19.5¢ | $656.1K | 3.281M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 364081 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 1348618 | 18 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |