Yes, they value BRN sp to be $1.59 which is a lie, because the actual sp that the market values is 22 cents.
If I say I value BRN sp to be 6.5 cents, everyone here would come out with all guns blazing.
Anyone can value the sp to be whatever they want it to be, but none of that matters if the collective market decides against it.
You can ridicule anyone having a rational thought to be ''cartoon'' guy, but the real jokers are the ones who think $1.59 is a fair value, because it is not.
The real and fair value is 22 cents as of today, which has been proven on ASX.
PITT street research, page-9
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Last
19.5¢ |
Change
-0.020(9.30%) |
Mkt cap ! $382.6M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 19.5¢ | $3.501M | 17.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 601346 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 272894 | 3 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |