Todays announcement is a very significant one - to get additional funding to this scale means that they have come across additional expenses (production in my opinion - I dont see any other dept. needing so much funds - could be a large deal coming through from 1 - 3 clients or many small deals coming through) and the funding company surely has insight or they know of the sales pipeline.
The reason I say about the funding is significant is because of my own personal experience in the tech space - have been part of a few small scale start ups. and have been through the sales/acquisition processes. The investing company always go through existing sales plus the future sales pipeline and to get a funding of this sort surely promises something for the future which we investors currently have no clue but will know surely in due course.
Again DYOR
- Forums
- ASX - By Stock
- BRN
- Ann: Financial Instrument Amendment
Ann: Financial Instrument Amendment, page-113
-
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRN (ASX) to my watchlist
|
|||||
Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $304.1M |
Open | High | Low | Value | Volume |
15.5¢ | 16.0¢ | 15.5¢ | $380.9K | 2.450M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
36 | 1104665 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 478969 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
36 | 1104665 | 0.155 |
132 | 4542755 | 0.150 |
39 | 916706 | 0.145 |
40 | 995029 | 0.140 |
7 | 226494 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 478969 | 12 |
0.165 | 867511 | 15 |
0.170 | 953694 | 17 |
0.175 | 887112 | 13 |
0.180 | 1345875 | 18 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
BRN (ASX) Chart |