wombinolatino , I fully understand your view point but the latest changes of a floor for the CR have well and truly embedded a figure of 10c in many investors minds
Seriously why would someone want to invest now when the listing of brain chip is at least 5-6 weeks away at best and knowing full well that AZK still has not acquired BC?
This back door listing allows the terms to be changed if required as a back door listing does not require an CR at 20c like a IPO
What happens if the share price drops to 10c or below in the next few weeks ?
Will the terms of the CR change again as I don't believe those who will be offered shares for the CR will be willing to pay the same as market price or even above the market price ?
These are important questions imo
DYOR and imo be cautious at any price above 10c
Great News for Shareholders, page-494
-
- There are more pages in this discussion • 1 more message 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
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $382.6M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.5¢ | 18.3¢ | $2.707M | 13.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 93761 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 829397 | 11 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| BRN (ASX) Chart |