BRN Discussion Ongoing

[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??

 

[Cyw]

There seems to be a lot of 290,000 shares bids.
Lucky number?

 

[Esq.111]

There be the first nibble

13,794,782 units @$0.905
$12,484,277.71
Asx S2XT
4:25:42

Esq.

 

[AARONASX]

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.

It has begun!!!

 

[Boab]

It's been a few weeks since we've had a Friday arvo "Green Room" pic.
I reckon I might be happily searching for new photo's more often.

 

[Xhosa12345]

someone on here was throwing around $90M needed to be purchased by instos, with about $30M today maybe plus prior accumulation, could mean Monday theres a bit more to be bought early next week.

Now we just need to stay in the 200 ! Hopefully some announcements this quarter (as much as i love the non-announcements via the website) to keep us in and set a floor of a dollar or so for the next few months - i think the wider market has a bit more pain to come unfortunately.

DEM SHORTERS AND ROBOTS GET BURNED PLEASE - if i had my way:
1- no trade under $500 by anyone or any insto
2- no shorts allowed (pants only, like a respectful golf club....)
3- escrow period or 3 months, ie- if you buy a share you cant sell that share for 3 months.

the point of investing in a company - originally - is for the company to achieve capital growth and pay dividends. all this crap happening above is against the fundamental reason of why investors invest in the first place, it sux.

ok thats my G rated version of what i think, but like everyone, we all have to suck it up and go along for the ride.

Have a good weekend YALL.

 

[sleepymonk]

View attachment 9561

can't stop laughing