IMO this sounds even more worrying, potential conflict of interest. Your mate's a major shareholder in your mining company that is in the process of acquiring a spec tech company. Then your mate, being a good mate that he is, underwrites a substantial amount to satsify ASX and HoA requirements.
And all this based on trust? Or is there more to the story?
Reminds me of a 'sure thing' in horse racing. Your mates mate (trainer/owner) provides a tip for race 3 and you place a bet on it because..well.. It's a sure thing.
BC - trainer/owner
AZK - your mate
MLX - you.
DYOR - all IMO
IMO this sounds even more worrying, potential conflict of...
Add BRN (ASX) to my watchlist
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Last
26.5¢ |
Change
0.005(1.92%) |
Mkt cap ! $520.0M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.5¢ | 25.5¢ | $4.482M | 16.78M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 3067311 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 319860 | 1 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| BRN (ASX) Chart |