I don't feel it strange for the following reasons
1. The sp is super low because for last 10 months company was selling on market. Now company get a decent sum in one shot, that means there may not be further sale by company this year.
2. The price company managed to extract is almost the sp at that time. Which means there is demand in the market.
3. Is long terms hold here that means sp can be further north from here.
dyor
Ann: A$25million Equity Capital Raise, page-101
-
- There are more pages in this discussion • 187 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BRN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $451.3M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 24.0¢ | 21.5¢ | $2.863M | 12.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 136498 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 444756 | 13 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BRN (ASX) Chart |