I don't know about the rest of you, but I was expecting the drawdown of LDA capital before commercialisation?
I don't know why people are so surprised about this? if BRN needs more money with about 20mill already in the bank, I'm expecting big things from this 34mill witch brings BRN balance sheet to 50mill +
they don't need 50mill just to keep company afloat. this is to prepare for commercialisation and increased marketing costs in relation to commercialisation as they have stated in the announcement. we also expect new CEO to come on board, and potentially production cost to TSMC for big orders ?
I'm not worried at all about this, it was expected..
Ann: Capital Call with LDA, page-40
-
- There are more pages in this discussion • 267 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BRN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $343.4M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 18.5¢ | 16.5¢ | $1.865M | 10.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 1001708 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 167790 | 3 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| BRN (ASX) Chart |