Refer back to my point above number 3.
There are more than 40,000 shareholders and every one of them values BRN on a different level.
Some shareholders think BRN is going to $99 or $100
So, only FACT matters. Perceived Value of $1.59 is just an estimation, and in real terms does not mean anything. It is also based on another company's takeover, which happened a few years ago.
UNLESS an actual company submits a figure on the table, or the market re-assesses the situation based on up coming financial figures, or another IP deal comes through, this $1.59 does not mean anything.
You may call it rubbish, I call it realish.
Refer back to my point above number 3. There are more than...
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Last
19.8¢ |
Change
-0.008(3.66%) |
Mkt cap ! $366.5M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 19.5¢ | $706.2K | 3.498M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 1213472 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 158783 | 32 |
View Market Depth
| Last trade - 15.17pm 22/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |