it's a hard company to value BRN as this is a blue ocean strategy.. ie nothing like this has been done before.
while revenue from Mercedes is negligible atm, it is some of the best validation the chip has received to date.
taken together with the last string of announcements, management have done extremely well by shareholders - and I believe the broader market is now regarding them higher too.
whether it goes, up, down or sideways today, it won't be long before continuing to new all time highs.
2022 BRN Discussion, page-415
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Last
21.3¢ |
Change
-0.008(3.41%) |
Mkt cap ! $399.0M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.3¢ | $389.1K | 1.794M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 67 | 1390757 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 410939 | 44 |
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| Last trade - 13.13pm 19/06/2024 (20 minute delay) ? |
| BRN (ASX) Chart |