nothing like BRN
SP is simply a function of market cap divided by SOI
BRN SP is low because they have had to raise money and issue capital over and over through the years
BRN trading on hype, hope, some newsflow... hence the big pump and dump chart. Has been that way for years
FEX market cap is ultimately based on the fair value of the asset they have. The only fluctuating factor is the IO price.
It’s also very easy to value and see when it is undervalued. That is why outside day to day trading the SP on this co is going to head in one direction.... up. Until it reaches FV.
starting to hit investor radars, page-19
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Last
39.0¢ |
Change
-0.010(2.50%) |
Mkt cap ! $270.9M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 40.0¢ | 38.0¢ | $442.6K | 1.132M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7792 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 408953 | 9 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FEX (ASX) Chart |