Well summarised - selling dreams.
Obviously there is a need to cure cancer, so only natural for some companies to use that sentiment to their advantage.
IMU is a path BRN follows in terms of capital raising. IMU has more than 7 Billion shares issued, one of the highest in that sector with a similar market cap and shareholders have seen their wealth depleted in front of their eyes without realising what was going on.
Now, if by any miracle they find the cure, there will be a lot of wealth around, but let us not forget, there is no profit in cure. Profit is in treatment.
BRN hopefully dodges that trend and bring in something real, which they have not managed to do so far. Management managed to sell a lot of dreams as yet, let us wait and see what eventuates.
Well summarised - selling dreams. Obviously there is a need to...
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24.5¢ |
Change
0.010(4.26%) |
Mkt cap ! $483.2M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 25.0¢ | 23.0¢ | $2.383M | 9.852M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 338128 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 1301709 | 24 |
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