No one has made a takeover offer for BRN because it's an unprofitable, speculative company that is yet to prove its commercial worth.
The whole point of acquiring a company is to improve the acquirer's revenue & profit; BRN is clearly not likely to contribute much value in this respect.
BRN needs to prove its worth by becoming profitable before anyone would consider acquiring it.
FYI: if BRN ever received a takeover offer of $1b, it equates to around 53c/share. It will be less after the next LDA drawdown....
No one has made a takeover offer for BRN because it's an...
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Last
19.8¢ |
Change
-0.008(3.66%) |
Mkt cap ! $366.5M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.8¢ | $428.3K | 2.142M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 56 | 1621913 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 344499 | 27 |
View Market Depth
| Last trade - 15.19pm 11/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |