BRN Discussion Ongoing

[Mccabe84]

Just had a look at the sales, is it being kept down by those small sales for later today or Monday? Or is it just normal..

 

[wilzy123]

 

[thelittleshort]

Just had a look at the sales, is it being kept down by those small sales for later today or Monday? Or is it just normal..

I’ve got some dollars loaded in my account, ready to strike. Pretty sure someone mentioned that SP went down when we entered the ASX300. Thoughts on likelihood this will happen on Monday? Think there will be another concerted effort to push it down again in order for funds to accumulate now we’re joining ASX200?

 

[Pandaxxx]

Bought a little nibble today… another 5000 shares at 86 cents… It all adds up…

 

[miaeffect]

Oi Shorters, Your good time is over soon.

 

[AARONASX]

 

[mrgds]

View attachment 9546
Oi Shorters, Your good time is over soon.

WHOOOOW, CHECK THIS CLOSE..........................

 

[HopalongPetrovski]

What Ho! The games afoot!

 

[Shadow59]

WHOOOOW, CHECK THIS CLOSE..........................

Now the games begin!

 

[Mccabe84]

From 86c to 94c In one second

 

[Fredsnugget]

Why have the buy and sell volumes just gone through the roof. Don't recall seeing that before?

 

[Cyw]

I’ve got some dollars loaded in my account, ready to strike. Pretty sure someone mentioned that SP went down when we entered the ASX300. Thoughts on likelihood this will happen on Monday? Think there will be another concerted effort to push it down again in order for funds to accumulate now we’re joining ASX200?

Index fund holdings are a bit different to anybody else's. The funds are obliged to buy and hold the index weight of shares in their portfolios. They don't sell unless the stock is kicked out of the index or the weighting drops. Included in the index is more of a longer term thing. There won't be big spikes like the NASA or Mercedes deals.

You look at the daily volume and the bot activities and you know this is a traders' stock so the price goes up and down in relatively big ranges. You can blame the fundies, shorters or the dog lying in the corner for the price movements but at the end of the day, this is the stock market, a very big casino.

 

[Tony Coles]

Nice action, whats going on…

 

[robsmark]

From 86c to 94c In one second

I’m not seeing this??? .87 still…

 

[Mccabe84]

Some big buy and sells going on. Volume has jumped up massive n both sides to

 

[mrgds]

Nice action, whats going on…

one buyer @ .97 for 2mil units ..................

 

[Cyw]

Nice action, whats going on…

Index re balancing, a big deal for fundies.

 

[Mccabe84]

I’m not seeing this??? .87 still…

I’m with ANZ and it shows all the after Market buying and selling as I posted above. Looks like will close at 91

 

[sleepymonk]

congratulations to those LTH that bought in the last few days, hats off to you guys

 

[SiDEvans]

Look at the size of the line at 0.945. 10mil shares wanted. My question is who is selling them at 0.79. Have a look if you are selling and raise your price!. The only thing I can think is that the big boys have been sucking them up at low prices in house and are now selling to them selves in the ASX200 funds for peanuts to keep the price down. Don't even know if that's possible or legal.
No one should be selling cheap with such high demand!