From a TA perspective the charts are looking bearish. It makes sense that people wouldn't want to gamble large amounts of money when the short term charts are looking like it's about to jump off a cliff. From an FA perspective, people aren't satisfied that there will be significant revenue generated from upcoming contracts to justify a nearly billion dollar market cap, and as there have been no contracts to set as a standard, people can only wildly speculate how much will be earned in sales.
I'm enjoying the ride.
2020 BRN Discussion, page-13278
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $380.4M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.0¢ | 20.3¢ | $1.148M | 5.421M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 165683 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |