Agree with most of this FF except for the comments on share price. Our financing facility with LDA relies heavily on BRN's share price. We need $9.2M by Oct 22 and are only offering up 8.75 million shares on this call.
No chance of meeting our obligation to LDA if management are unconcerned with the share price. As I pointed out the other day, the trading period has been reduced from 30 days down to 10. No doubt another call is planned before the October deadline and that is when we will see the grand release but that is cutting it very fine. Remember the test boards were delayed last year due to a software glitch.
Agree with most of this FF except for the comments on share...
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Last
19.8¢ |
Change
-0.008(3.66%) |
Mkt cap ! $366.5M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.8¢ | $386.8K | 1.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 1637636 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 297093 | 16 |
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| Last trade - 14.21pm 11/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |