There will be so many positives come from this.
For one it has removed any capital raising overhang the stock may encounter. Secondly it allows the company to achieve its objectives in a timely manner whilst not being concerned QoQ about the burn and need to rais 1 to 2 quarters out.
The fantastic cornerstone investor sees some really smart money coming into the stock to fund the business. No doubt they have done all they can to minimize their investment risk by asking the right questions and more importantly for us existing shareholders getting the right answers.
My view is they wouldn’t be investing unless they have gone behind the wall and have been made aware to all extents possible/allowable and they are comfortable with the forward business momentum we are undoubtably going to see.
These types of investors don’t throw money around lightly and particularly not to a cutting edge technology that isn’t cash flow positive. They must be excited!
Also, Shaws wouldn’t take a look unless they were happy their reputation isn’t going to be tarnished.
I’m predicting some pretty positive news is on the very near horizon.
well done BRN.
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $323.8M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 16.0¢ | $1.039M | 6.226M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
54 | 2489988 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 94290 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 34336 | 0.175 |
3 | 14990 | 0.170 |
17 | 232194 | 0.165 |
57 | 2563558 | 0.160 |
67 | 2477474 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 81631 | 3 |
0.150 | 1314 | 1 |
0.155 | 74108 | 4 |
0.160 | 75797 | 3 |
0.165 | 166384 | 11 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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