I have the same thought, regards the capital raise it is likely already decided who will be raising the money.
If Socionext is a go, highly likely they will take a significant stake in BRN's register for minimal capital injecture compared to return expected. The last raises should have left us in a position where we were not in such a vulnerable position to be so heavily diluted and left with such a bad deal but presently it looks like BRN is not in a position to be tough in any negotiation.
Akida potential is going to be big but we will only see a fraction of that potential because of the decisions made over the last couple of years.
The capital raising will be a bitter sweet moment when it comes about, like selling a Da Vinci painting for peanuts.
Greatest A.I Tech being sold for less than 5c a share... how is that in anyway acceptable for any management or director team?
- Forums
- ASX - By Stock
- The Ugly Truth
I have the same thought, regards the capital raise it is likely...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRN (ASX) to my watchlist
|
|||||
Last
21.0¢ |
Change
-0.005(2.33%) |
Mkt cap ! $389.7M |
Open | High | Low | Value | Volume |
21.0¢ | 21.5¢ | 20.8¢ | $483.9K | 2.304M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 170815 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 1219405 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 164832 | 0.210 |
58 | 1450767 | 0.205 |
79 | 1760069 | 0.200 |
32 | 1356487 | 0.195 |
42 | 1270547 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 1249295 | 20 |
0.220 | 761666 | 27 |
0.225 | 678126 | 17 |
0.230 | 791925 | 21 |
0.235 | 481886 | 17 |
Last trade - 12.54pm 05/07/2024 (20 minute delay) ? |
Featured News
BRN (ASX) Chart |