At some point today we might get to hear some in depth thought about what this CR is about.
Right now BRN have enough cash (US$31m end of March) to get through an absolute minimum of 18 months (next 6 Qtrs or more) at average recent Qtrly burn rate, and they still have the LDA facility open to use until 2026.
So my thinking is that, there is obviously something more behind this CR, we find out later this week, having said that, it was to be expected there would be more than a little reactive commentary about this matter.
Regardless I am no fan of dilution, and of course I would like to see/hear news of contracts or money, but one day at a time, and I still think that BRN are better placed than any previous time to succeed.
At some point today we might get to hear some in depth thought...
-
- There are more pages in this discussion • 277 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BRN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.5¢ |
Change
-0.020(9.30%) |
Mkt cap ! $382.6M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 19.5¢ | $3.501M | 17.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 601346 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 272894 | 3 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |