Fair call.
However, without any evidence of revenue and profit in sight, companies would not make a bid.
Big companies get bigger by accumulating little companies, but they do it with utmost care and research. They have first hand experience and if they see BRN is on it's way to greatness, they would not mess around.
So far, we have not seen any interest in that regard. Even though BRN is known to big companies.
So imo current revenue is not irrelevant. Companies will look at the balance sheet before committing.
Let us see what the new CMO can do - can he wave his magic wand or would he resign for ''better salary'' by next year?
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Last
24.5¢ |
Change
-0.030(10.9%) |
Mkt cap ! $480.8M |
Open | High | Low | Value | Volume |
26.0¢ | 27.0¢ | 24.0¢ | $4.928M | 19.44M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 1304197 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 839958 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
33 | 1301197 | 0.245 |
78 | 2228316 | 0.240 |
39 | 1426941 | 0.235 |
43 | 796804 | 0.230 |
17 | 1156322 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 830958 | 16 |
0.255 | 461123 | 11 |
0.260 | 379139 | 12 |
0.265 | 859068 | 13 |
0.270 | 636077 | 15 |
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