Ariel,
Takeovers happen when a Company has a proven product and has consistant sales.
BRN doesn't have that as yet.
The takeover Company will pay double what it is at the moment for something that works and not $1 Billion for a dud.
Time will tell.
Short position open to 10c, page-488
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Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $461.1M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.5¢ | 23.0¢ | $1.912M | 8.083M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 620903 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 966723 | 20 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| BRN (ASX) Chart |