BRN currently has about 29 million with the last round of financing. That said with about 5 million burn per quarter that is 6 quarters or 18 months of financing. Then you have one more draw on LDA they are cashed up pretty good I would say.
if you read the C4 you will see they had higher expenses due to the Akida 2.0 tape out.
they average 4.5 million on spending per quarter I have it 5.
BRN currently has about 29 million with the last round of...
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $342.8M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.0¢ | $737.6K | 4.203M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 69 | 1587304 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 213251 | 4 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |