It’s a discussion forum, you don’t make a single post on a company and then never post again. Also you may want to check back at the last pump, I was here posting for that as well.
Also, I highly doubt BRN will suffer a sudden single day 50% fall. It will be a drawn out drop from here. Quarter to quarter as holders realise the deals aren’t being done and revenue isnt there, holders will cut losses. In this high inflation market there also won’t be buyers so willing to take them off sellers hands.
Cash will also become an issue pretty soon. LDA is an option of course but this will come at the expense of dilution and an additional headwind to share price growth.
Unless there is some Hail Mary about to be announced, I think this is going back to 30 or 40 cents over the next 6 months.
Just IMO DyOR
sorry not sorry for another post
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Last
18.0¢ |
Change
-0.010(5.26%) |
Mkt cap ! $352.6M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 17.8¢ | $626.9K | 3.451M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 120723 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 789550 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 316143 | 0.180 |
44 | 1617415 | 0.175 |
83 | 2844715 | 0.170 |
60 | 1815360 | 0.165 |
73 | 1704510 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 795643 | 18 |
0.190 | 1000854 | 19 |
0.195 | 999533 | 19 |
0.200 | 914194 | 40 |
0.205 | 982425 | 12 |
Last trade - 14.04pm 19/08/2024 (20 minute delay) ? |
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BRN (ASX) Chart |