No let up in the competition.
Will BRN be able to generate enough earnings to justify its $830,000,000 market cap? Given it has not generated material revenue to date, and no new IP licenses have been signed for some time, it certainly has its work cut out for it.
In my view, the BRN market cap has been driven into the stratosphere, at least in part, as a result of naïve retail investors (with no relevant engineering background to understand the product or the sector it operates in) blindly believing all the ramping on social media and stock market forums that holding BRN is an almost guaranteed ticket to untold wealth.
Competitive landscape, page-3630
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Last
21.0¢ |
Change
0.020(10.5%) |
Mkt cap ! $391.8M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 21.5¢ | 18.5¢ | $1.807M | 9.045M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 555120 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 77060 | 4 |
View Market Depth
| Last trade - 11.07am 22/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |