Fastback6666
Regular
Yes still plenty of games on the SP until we get some real revenue linked news through. Shares are definitely being passed between insto’s or insto accounts no doubt. SP Manipulation high with buy sell walls in place constantly to hold price in specific locations each day.Good Afternoon Chippers ,
Some above average ordres floating through today,
They seem to be dumping then slamming through their buys , could get a little spicy this afternoon.
Regards,
Esq.
At open I saw the sell side push down to .185 and sat there for a bit and then bang! One single order at 10:11:50 for around 2million shares as a buy up and wiped out lines .19 and .195!
This is really good to see as further confirmation that insto’s are buying big chucks here. Helps reinforce we are not all crazy to be holding and adding more where we can.
I have certainly been adding more personally and modestly each week. I am a newer home owner so money is not really readily available that I can just pull out tens of thousands in equity. Most of my bulk holdings of BRN are in super and they are substantial, but I have dabbled on the side personally with very modest amount of money across different shares over the years. In the past my personal trading money has only bought as much as around 7000 shares in BRN at most when the price was around $1 dollar.
When the SP slipped below to .30 range and below more recently well that was the sign to start loading in as much spare change as I could a bit more aggressively and thought 40,000 shares was a good goal personally. Well after selling my family members off, some pets and some limbs I have near doubled my goal in my personal account. Pretty crazy. While I don’t like where the SP has moved to in the short term it has allowed me to take a very exciting position personally that I would never have thought would come. Thanks inflation, high interest rates, insto manipulation and tech market sell off.
Next stop 100,000 shares then after that matching my super holding!
I can only hope others here have taken advantage of the current price and happy for it to sit here a little while longer to keep the accumulation going as the insto’s are clearly accumulating as well - screen shots below of the 2mil order. Seans comment that 2024 is the year is not far away though. New big news creates forward looking buying on market.
DYOR and not financial advice of course as there are always risks in any investment.
Shorts falling and insto buying rising sure is a great sign though to support investment sentiment here.
To infinity and beyond!
