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.
it's a hard company to value BRN as this is a blue ocean...
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Last
19.0¢ |
Change
0.010(5.56%) |
Mkt cap ! $372.2M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.0¢ | $935.0K | 5.019M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 178405 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 562404 | 11 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |