Current fair value is USD $2.5B = $3.43B AUD or about $2.02 SP. Undervalued as growth/tech shares are undervalued overall due to rotation to value about 12 months ago. Cathie Wood from ARK Invest reckons the rotation is a bit long in the tooth now & time for a rotation back soon.
So should get to fair value via market adjustments + add a few good announcements during the year & should double to $4.04 SP = USD $5B = AUD $6.86B MC.
At $5 SP = AUD $8.5B MC & at $10 SP = AUD $17B MC. Will take some very big announcements + revenue for SP to rise to $5-10 range. More likely end of next year $5-10 range.
I think it will end this year at $4.00 best case & $3.00 worst case. Keep an eye on MC & don't forget that there are about 1.7B SOI.
BRN SHARE PRICE PREDICTION BY CHRISTMAS 2022, page-146
-
- There are more pages in this discussion • 153 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
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 19.5¢ | $843.2K | 4.220M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 71948 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 644737 | 16 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |