I used Afterpay as an example because it too was a spec stock, yes I know you’ll disagree with me but what else was driving its SP. Yes it had revenue but was also making huge losses. If investors did not speculate on Afterpay and only looked at its financials, there’s no way the SP would have got to where it did.
People stating Brn has no revenue but having revenue and carrying losses year after year, what’s that tell you?
Just my opinion
A new beginning?, page-10
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Last
17.0¢ |
Change
0.010(6.25%) |
Mkt cap ! $333.6M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $414.8K | 2.497M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 569432 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1170430 | 28 |
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| BRN (ASX) Chart |