Straw I think that's spot on for royalties by the time they develop tech, get it to market 18-24
Months would be about right. What's so exciting is when you have multi licensing and multi streams of royalties thats when the company is going to create real share holder wealth. I have always looked at this as a 3 to 5 year play, most probably closer to 5 years. Time is something that passes and where value is added.
Ann: Response to ASX Price and Volume Query-BRN.AX, page-21
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8444 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 125000 | 1 |
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