BRN is broke
they have enough cash for the current quarter and will need to raise at latest next quarter imo
they have run out of fluff as far as market is concerned
imo they went about this entire company the wrong way from day 1
they were a decade away from commercial viability in 2015 and acted like they were only 2-3 years away and thus here we are now
and still they are playing the same old tune, sales are just around the corner
Its tempting to buy 100K shares for $4.5K just incase and forget about them at these prices, but the waffle in the announcements gives me little confidence that a SP swing to the upside catalyst is on the horizon
4C imo is likely to produce a new low
BRN is broke they have enough cash for the current quarter and...
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Last
21.3¢ |
Change
-0.003(1.16%) |
Mkt cap ! $389.7M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.8¢ | $485.2K | 2.310M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 778036 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 823344 | 23 |
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| Last trade - 13.31pm 05/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |