Mozart,
Good point about the 'potential' premium. Anticipating and speculating about the unknown is a big motivator in human behaviour.
Even in terrible market conditions, these motivations of speculation, greed and anticipation continue to exist as they breed hope. Most people hope for better things in really rough times, probably part of the human defense mechanisms IMO.
Maybe BRM is down in this current market because of this; less 'unknown' to speculate on, less for people to pin their hopes on.
BRM's cash position is certainly strong, that should underpin it if be get smashed again.
When the market recovers, if it is deemed to have a viable product with any or all of it's prospects, BRM should attract 'non-speculative' longer term institutional investors who are probably in cash right now.
Mozart,Good point about the 'potential' premium. Anticipating...
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Last
78.0¢ |
Change
0.020(2.63%) |
Mkt cap ! $155.8M | |||
| Open | High | Low | Value | Volume |
| 78.0¢ | 78.0¢ | 78.0¢ | $2.879K | 3.691K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2268 | 78.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 9022 | 1 |
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| Last trade - 12.07pm 02/07/2024 (20 minute delay) ? |
| RHK (ASX) Chart |