Share price is 4c but market cap is $60m with little to no revenue. The company is on the expensive side if you were looking at revenue/earnings. Priced on IP alone I think it's a good buy.
I would expect the market cap to increase if we do see revenue from the IP blocks. The margins will be great just a matter of understanding how the IP blocks are priced and how strong the uptake is. Based on that information the share price/market cap could drastically increase. It's all speculation at this point. Not the first time we've heard that there's interest from major companies and we're yet to see anything from all that talk.
2020 BRN Discussion, page-6
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Last
29.0¢ |
Change
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Mkt cap ! $526.0M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.5¢ | 28.0¢ | $810.0K | 2.815M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 1169277 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 107647 | 11 |
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| Last trade - 11.42am 01/05/2024 (20 minute delay) ? |
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28.8¢ |
Change
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| Open | High | Low | Volume | ||
| 28.5¢ | 29.0¢ | 28.5¢ | 1405902 | ||
| Last updated 11.55am 01/05/2024 ? | |||||
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