Hang on, surely the milestone payment of US$2.25M is a one-off to Socionext. AND
The reason that TSCM took the order is that it is from Socionext, a huge company that can not be refused. AND
The brilliance of this set up is that BRN do not have to put their head in the noose for 20% deposit of $10Mill as Socionext will do this from their petty cash.
Ann: Appendix 4C and Activities Report, page-219
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.5¢ | $579.8K | 2.902M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 1243524 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 349262 | 10 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |