has the company produced anything yet? Or do they still need more capital to get there?
Have any of the substantial shareholders increased any of their holdings since listing? or any new substantial shareholders hit the register?
If not, I'd say this would probably suggest 2x IPO price is fair value, but not 6-7x. IMHO
Market cap way off, page-20
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Last
$2.63 |
Change
-0.090(3.31%) |
Mkt cap ! $245.6M | |||
| Open | High | Low | Value | Volume |
| $2.71 | $2.72 | $2.63 | $107.0K | 40.08K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4167 | $2.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.65 | 713 | 8 |
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| Last trade - 13.49pm 30/07/2024 (20 minute delay) ? |
| BRE (ASX) Chart |