Yep, stuck in purgatory until management does something big. Having meaningful cash and revenues has not helped the sp and given current market response their is no reason to think even having $40m cash by June quarterly will cause a fundamental rerate in sp.
A buyback would be a good stopgap until the third pillar is executed but ultimately it will only be the execution of the third pillar that will see a true shift here and trigger a true rerate in sp and valuation by market.
Hopefully this third pillar will be executed this year and will see us long suffering shareholders given a strong return on investment, I'm personally holding/hoping for a 5-6 cent sp which would be $250m-$300m market cap.
Based on some pre Bruins spreadsheets that were posted here in the past this would be achieved in a sale based on a discounted npv.
Having since gained the Bruins DSU and the potential Bradbury aoi upside hopefully we could see a even higher valuation but I'm definitely not getting my hopes up as even 5 cents feels like wishful thinking at the moment.
Good luck to all, hopefully one day it will be a good day to be a brookie
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.72M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $11.34K | 1.151M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 25064516 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 15355946 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
37 | 25064516 | 0.009 |
25 | 17555321 | 0.008 |
9 | 4405142 | 0.007 |
6 | 2421677 | 0.006 |
8 | 2758001 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 14355946 | 16 |
0.011 | 50443414 | 49 |
0.012 | 11254609 | 16 |
0.013 | 15767673 | 15 |
0.014 | 12121951 | 14 |
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