Yeah it doesnt really work like that mate.
Nobody would ever plonk 100% of their net worth into anything.
Speculative company valuations - by definition - are always subjective , and forward looking.
Is BRN overvalued? Well I say yes, but by how much?
I think a fair price is hard to guage with an embryonic company like this.
Personally, I just trade it.
I dont care about the tech. Only the retail rammers.
A long time ago, I worked out that predicting retail tides can be more profitable than researching balance sheets.
2022 BRN Discussion, page-8420
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Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $313.9M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $408.8K | 2.574M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 220369 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 758961 | 19 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| BRN (ASX) Chart |