BRN Discussion Ongoing

[manny100]

An MF article from Sept'22 showing companies in the ASX300 yet to make a cent. There are more than what is mentioned.
Mentions that PLS is a stock that made a happy journey. Says Amazon was years as non profitable.
The US SPX 500 gapped down last night which is good because all gaps on that index (and the DOW) get filled at some point.

Guess how many companies in the ASX 300 actually make no money

The S&P/ASX 300 Index (ASX: XKO) houses shares in most of the market’s biggest names. But a fair chunk of them are currently unprofitable.

www.fool.com.au

 

[Fastback6666]

And just like that - the orchestrated turn around on the SP may have started!

Millions just bought up!

Breaking the back at 20 cents achieved and mass selling out was starting to subside.

 

[BaconLover]

And just like that - the orchestrated turn around on the SP may have started!

Millions just bought up!

Shorts covering, taking profits.
Fingers crossed it creates a ripple effect.

 

[miaeffect]

Wow, big buy just now. Up to 0.205
$21M already sold

Yep
These clowns know how to f*** around.
Just one good asx announcement please!
You reap what you sow

 

[Bravo]

Feel free to ignore me.
I have ignored 1 person dissing anyone who asks questions.
I am not posting for other's mental health benefits. We are discussing a company's performance in share market FYI.

Yes, that's because it's the share market - the very nature of which is that share prices go up and down and up and down and up and down and...I know that because I'm very intelligment.

 

[IloveLamp]

Shorts in free fall

 

[BaconLover]

Yes, that's because it's the share market - the very nature of which is that share prices go up and down and up and down and up and down and...I know that because I'm very intelligment.

Well, I'm sure that you continually dissing the company and complaining will help the chart move in the right direction. It's certainly doing wonders for my mental health and well-being.

You are welcome.

 

[Fenris78]

Wow, big buy just now. Up to 0.205
$21M already sold

Wow massive chomps! Puts my meagre top ups to shame haha. I was hoping for an exciting Friday finish.. in anticipation of SOMETHING/ANYTHING next week. Maybe a BRN after market friday double announcement (I wish)?

 

[BaconLover]

Akida Ballistaaaaaaaa

 

[HopalongPetrovski]

 

[miaeffect]

Akida Ballistaaaaaaaa

 

[Damo4]

@Bravo
Feeding the animals can make them sick

 

[Bravo]

 

[BaconLover]

View attachment 45219

I guess I am not that intelligment after all

 

[BaconLover]

That's not fair.

 

[Xray1]

Almost into ~2 hours of trading and some 38 million BRN shares have been traded thus far ...........

 

[miaeffect]

Q: WHY DO SHARE PRICES GO UP?

A: BECAUSE YOU JUST SOLD IT NOW

 

[wilzy123]

Q: WHY DO SHARE PRICES GO UP?

A: BECAUSE YOU JUST SOLD IT NOW

 

[Draed]

My, unsupported by evidence theory is that the instos hate the thought of retails investors holding onto this company. They see the potential, but also have a better understanding or insight into realistic time lines to revenue. Therefore, shake the tree hard before that time comes... they seem to have been very aggressive recently, maybe a little desperate? Maybe the time for revenue is nearly upon us.

 

[HopalongPetrovski]

Some buying back in anticipation of news and announcements next week.
More buyers than sellers showing in market for first time in a while.
Hardly any bot, centre point or cross trade transactions showing where they have been 90% of the trade recently.
Lower volume except for large lumpy buy ins.
Pipsqueak traders exiting their positions as they are afraid of the overnight dark and terrified of the long weekend.
Don't look under the bed fella's.
Considering the overall negative lead from overseas markets and the current state of ASX, maybe, just maybe, the tide is turning in our favour again. They'll all be off to lunch about now. Maybe we'll get another little rush later this arvo.
GLTAH