When and IF
The valuation in the Pitt Street report is by its nature conservative. Its based on IP value only.
I cannot see BRN share price "recovering" and drifting-up to the Pitt Street valuation (what was it, a $1.60 or something?) on fresh-air.
The catalyst for share price recovery will be a deal announced - some tech player deciding to apply Akida commercially and committing to a quantifiable and contracted amount.
When (and some of you would say - "IF") that happens, the new valuation will be at least the IP value and then some.
In my opinion when (and IF) a deal is announced, $1.60 (or whatever it was) will be a whistle stop on the way to a much higher share price.
Could be wrong.
Been wrong before; for example, I thought Port Power would get creamed by the Bull Dogs last Saturday.
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The market has (apparently) got the value of BRN wrong, page-86
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Last
26.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $522.7M |
Open | High | Low | Value | Volume |
26.5¢ | 27.0¢ | 26.0¢ | $2.161M | 8.144M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 431626 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 399533 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 428226 | 0.265 |
41 | 1046284 | 0.260 |
24 | 855849 | 0.255 |
62 | 1249850 | 0.250 |
17 | 439679 | 0.245 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 389533 | 12 |
0.275 | 879418 | 20 |
0.280 | 1144172 | 22 |
0.285 | 874654 | 24 |
0.290 | 1047484 | 20 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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