Tell you this much - pretty pre-mature suggesting this in the first place. Reality is - none of us has an idea of the details of this placement.
As I stated before, the SP in the prospectus was $0.20c, that was a year ago and BRN has achieved a hell of a lot since.
My question is what the voting pct will be, will this lead into additional board members joining BRN and can we expect the new investor to bring other benefits and AI knowledge to the business over and above the capital injection.... Will not be surprised if this somehow connects into some of the projects they have been working on in the background... Again, let's wait and see.
Ann.out, page-66
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $408.3M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 21.8¢ | $1.107M | 5.019M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 110458 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 355185 | 24 |
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| BRN (ASX) Chart |