To give some perspective on todays 18% dump at the Market open I thought I would put up one of the "easy to understand" charts for those without the Tools & skills to see & ponder!
25mins and 22 Million shares had 22.5c taken off the Monday close price of $1.225. BRN was 18% down recovered somewhat to $1.13 and then was slowly pushed down while total Shares traded ended up over 50 Mil.
If I could get my hands on a Broker Report for today only I am sure I would see that UBS & Credit Suisse would account for most of that 22 Mil plus a chunk of the remainder traded today on BRN.
You will know that the previous (3) days the ASX was down significantly without any effect on BRN.
TESLA<NVDA<AMD< were all down over 9.5% last night on the NASDAQ. the big N was down 4.3% itself.
Yak52
25mins and 22 Million shares had 22.5c taken off the Monday close price of $1.225. BRN was 18% down recovered somewhat to $1.13 and then was slowly pushed down while total Shares traded ended up over 50 Mil.
If I could get my hands on a Broker Report for today only I am sure I would see that UBS & Credit Suisse would account for most of that 22 Mil plus a chunk of the remainder traded today on BRN.
You will know that the previous (3) days the ASX was down significantly without any effect on BRN.
TESLA<NVDA<AMD< were all down over 9.5% last night on the NASDAQ. the big N was down 4.3% itself.
Yak52