BRN Discussion Ongoing

[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!

 

[Boab]

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

Yep. Same at Westpac

 

[Falling Knife]

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

Have we not been following the threads and ASX news?
BRN enters ASX 200 as of monday.
Funds are able to buy after close today to get their share of BRN following its Index inclusion.

What I like to seeing is this 13mill buyer will need to up his asking price or re try next week,

Or will it be nudged up before close...

Oops typing to slow again.. potentially 8 mill bought

Im cheating and adding the extra image in here from after close of potentially the same 13 million ebing executed.

Hope they all need more om monday and those late to the party need to cough up on arrival

 

[robsmark]

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

Wow! I’m seeing it now on NABTRADE. I’m calling it. Local bottom is in.

 

[Mccabe84]

Here’s a copy of the final buy & sells before they went through

 

[mrgds]

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

OOOOWWW, .................... one buyer @90.5 for 4million missed out, ............... HAHA, ........... see u monday

 

[Makeme 2020]

nice finish 0.905 up 4.5............

 

[Cgc516]

I can understand the where are the buyers from, but really can’t figure out the sellers?

 

[thelittleshort]

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.

Thanks @Cyw. Looks like the BRN rocket has relaunched - with me on it

 

[Esq.111]

Chippers,

Would not surprise me to see potentialy another $20 to $30 million trade as LATE TRADES. As in after 4:10:17pm. Today.

Woo Hoo.

Regards,
Esq.

 

[Makeme 2020]

Buy side 12 million / sell side 2 million, ladies and gentlemen buckle up monday could be a Explosive day...........

 

[Cirat]

nice finish 0.905 up 4.5............

I have seen many crazy things happen on the ASX .... but that was very educational !
The power of getting bigger.
Imagine in a few years time as to what we'll see - can't wait - soooooo excited today.

Well done all holders

 

[DingoBorat]

Holey Moley Batman!

What happened on close!

 

[BaconLover]

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

 

[Rskiff]

View attachment 9561

J@MFTC is that Motley Fool Trading Company??