A question for those who have been in the market for a while.
How much revenue do you need to justify a market cap of $1b?
One answer, "hmmm, around $333m"
The answer for unicorns. Nothing.
There is something wrong there.
At what point do you decide that a unicorn isn't worthwhile, or better what do you do with a unicorn that was looking like getting revenue but the revenue day keeps staying "over the horizon".
My answer. REDUCE.
Which i did by 40% in August.
Not saying par or wbt is better long term, but i haven't reduced those. The difference is that in each context they are making progress against a schedule.
BRN need to announce something significant by soon after 1qtr 2023.
IMO. DYOR>
2022 BRN Discussion, page-10112
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Last
19.0¢ |
Change
-0.015(7.32%) |
Mkt cap ! $352.6M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 18.5¢ | $2.469M | 12.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 77 | 3220129 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 57511 | 2 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |