90 percent of the shareholders or more are trapped higher up, regardless of the lower average buy in prices we see on these threads
Interesting thing is some posters are happy to wait for another 20 years for BRN to bring in the goods. If that were to happen, we would be sitting with a shares on issue of 25 billion plus shares with the current cash burn rate for BRN.
Not sure if they actually mean it, I can only hope they did not. On the contrary, if the BRN does start to bring in the goods, then it makes sense to hold a portion after taking profits.
Ann: Capital Call Notice, page-139
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Last
20.8¢ |
Change
-0.013(5.68%) |
Mkt cap ! $389.7M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 20.8¢ | $1.137M | 5.305M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 63 | 1846390 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 555548 | 29 |
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| Last trade - 11.32am 24/06/2024 (20 minute delay) ? |
| BRN (ASX) Chart |