BRN Discussion Ongoing

[Damo4]

Well you'd think equity of some sort would be the only option if more cash is needed. There is virtually no income to service loan funding............

Or joint venture/takeover..............

Are people upset about a cap raise or are they upset they haven't been told it might be on the cards?
We have to assume it's on the cards if Sean says he's exploring the options, but now I'm confused what the issue is?

Edit: if not CR, aren't we expecting LDA to be called upon whenever needed?

 

[toasty]

Are people upset about a cap raise or are they upset they haven't been told it might be on the cards?
We have to assume it's on the cards if Sean says he's exploring the options, but now I'm confused what the issue is?

Edit: if not CR, aren't we expecting LDA to be called upon whenever needed?

I think people are just sick and tired of the obfuscation in most areas of the business.........this one included

 

[buena suerte :-)]

Wow...

 

[HarryCool1]

Yes, I made a small top up...

View attachment 49020

Not only you by the looks!

Where's Esqy today with their bull??

Get ready shorters!!

 

[toasty]

Skinniest sell side that I can recall in a long while.

View attachment 49021

Yes, about 8 times as many buyers as sellers.............something in the wind?

 

[wilzy123]

Yes, about 8 times as many buyers as sellers.............something in the wind?

Definitely. Your scent.

 

[Okeydokey01]

Wow...

View attachment 49023

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I do not not know what is going on, but I know I like it!

 

[wilzy123]

 

[buena suerte :-)]

I do not not know what is going on, but I know I like it!

Me too...

 

[DK6161]

woo hoo!

 

[SebThatGermanChap]

I'll probably get shot down for this, and I genuinely hope I'm wrong, but with the talk of a capital raise and meeting with investors in Sydney, this has the feel of a pump for a CR. Historically, BRN hasn't exactly been a leaky boat so can't imagine it's news to be announced.

Could also be a rerate because in my opinion we're miles under fair value.

 

[Bravo]

YAY!!!! It's the 20 cent naked hot tub party! Crickey, that one caught me off guard..

 

[DK6161]

I am always nervous with sudden jump in SP. In the past it's always been followed by a massive drop the next day. Fingers crossed that a positive announcement is coming

 

[DK6161]

I'll probably get shot down for this, and I genuinely hope I'm wrong, but with the talk of a capital raise and meeting with investors in Sydney, this has the feel of a pump for a CR. Historically, BRN hasn't exactly been a leaky boat so can't imagine it's news to be announced.

Could also be a rerate because in my opinion we're miles under fair value.

Please dear God no

 

[Pom down under]

Woop whoop I managed to top up a little on Friday

 

[Labsy]

Sell walls are down like clock work. Here comes a pump. Be cautious guys

 

[buena suerte :-)]

YAY!!!! It's the 20 cent naked hot tub party! Crickey, that one caught me off guard..

View attachment 49027

 

[CWP]

I am always nervous with sudden jump in SP. In the past it's always been followed by a massive drop the next day. Fingers crossed that a positive announcement is coming

I thought the same thing, when you look at the chart it’s evident. Hopefully we’re wrong

 

[mrgds]

I think the "Market Movers" who we know read Tsex religously , are wanting a speeding ticket today so as they hopefully get the scoop on why our CEO has made a "Undercover, Special ops, Stealthy" trip down under.

 

[equanimous]

The shorters are with Optus...