Stuck at around a $100M valuation for the past 3 months. BRN has reached a $600M valuation before on hype alone, nothing of substance. This time, there will be a new CEO, licensing agreements, spikenet revenue (small imo but still adds to the pile) and hopefully technology development update. Truly transitional announcements for the company + a whole heap of press to go with it. The M&A activity around AI is insane. BRN will be a acquisition target for big companies if licensing agreements are executed. In that case, they will be buying BRN for a whole heap more than $100m.
At this point, BRN is a no brainier. I suspect things will start getting very interesting in October. Excited however for what September has to bring.
Ann: Signs commercial Marketing Agreement with Global IP Supplier-BRN.AX, page-235
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Last
31.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $608.3M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 32.5¢ | 29.5¢ | $8.006M | 26.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1183664 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 549396 | 12 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| BRN (ASX) Chart |