Either DiNardo knowingly gave someone tens of millions of dollars for free, or he thinks BRN is worth vastly less than its current value. Either way, you have a huge red flag.
That (imaginary) NASA deal announcement was certainly well timed. It's been reported to the ASX.
These “big fund managers” that some people point to as validation.
Regal is quite clear it has very short investment time frames. The Thorney funds are absolute stinkers. TEK is down 90% in a year. TOP isn't a lot better.
And finally – have you ever seen a company’s share price run up this quickly, and not see that company quickly raise capital?
Luckily for BRN the ASX changed the maximum to CR to 25%. A quick corporate raise at a 10-15% discount to VWAP seems plausible.
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28.3¢ |
Change
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Mkt cap ! $538.2M |
Open | High | Low | Value | Volume |
27.5¢ | 29.0¢ | 27.5¢ | $2.405M | 8.489M |
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No. | Vol. | Price($) |
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49 | 1754163 | 28.0¢ |
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Price($) | Vol. | No. |
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28.5¢ | 232995 | 16 |
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18 | 627499 | 0.275 |
26 | 1039494 | 0.270 |
6 | 489716 | 0.265 |
15 | 177582 | 0.260 |
Price($) | Vol. | No. |
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0.285 | 241446 | 16 |
0.290 | 1586518 | 37 |
0.295 | 1705695 | 33 |
0.300 | 1342570 | 33 |
0.305 | 474868 | 11 |
Last trade - 15.13pm 07/05/2024 (20 minute delay) ? |
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Change
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