Capital raise is unavoidable.
CEO literally admitted they basically need to develop an actual product that works. Unbelievable the level of idiocy from a bloke earning an eye watering salary.
So yes there will be a discount to WAM market price. This is why people are selling, because they can buy back after the slaughter is over.
But even still the gamble is beyond reasonable at this point. BRN ruined their supposed first mover advantage, in fact they never had one. Intel and ARM were working on solutions they knew people wanted, PVM was just fulfilling his own childish dreams at your expense.
Sheet show thats for sure.
Capital raise is unavoidable. CEO literally admitted they...
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Last
22.0¢ |
Change
0.005(2.33%) |
Mkt cap ! $408.3M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 23.5¢ | 21.3¢ | $7.637M | 34.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 503753 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 196385 | 4 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| BRN (ASX) Chart |