I am guessing like everyone else but my suspicion is that ASX queried their Megachips announcement regarding the lack of financial data from the deal announced. ASX are cracking down on 'hype' announcements and expect hard facts. So, I suspect BRN will reply and produce estimates of revenue from the licensing agreement over the term of the agreement. If I am correct, my guess is there will be little or no SP movement as I do not believe the $ value of the licence agreement is material - what is material in my opinion is what they announced - entering into the licence agreement with such a reputable company
Ann: Pause in Trading, page-287
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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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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BRN (ASX) Chart |