2021 BRN Discussion, page-33127

Hi there, new investor here with 60k shares and 1st post on the forum.

I can buy more if I want, have the cash but are a bit worried buying more for several reasons.

1.7 bill outstanding shares! That's quite a lot, I guess they have diluted a lot over the years to raise cash?

With a current share price of 0.66Aus$ there will be limited interest from institutional buyers, they don't buy penny stocks in lager numbers and there are hardly any coverage from the analysts (yet). However the daily volume is huge with an average over 10 mill but likely indirect because of the very large outstanding share no.

Could a reverse split coming? say 1:10 getting the price over 6$.

I been reading a bit here on the forum and there are some really good posters but most are back slappers, talking about getting rich in a few years.

All that being said there is a lot to like obviously, the Akida chip sounds really awesome being ahead of everyone and is just starting getting on the market and I hope current management can sell it in ultra large numbers.

Last: Not talking down on you people from Australia or New Zealand but (most) Americans are not very interested in the markets outside the US so will it be a good idea to keep the share traded in Aus or should it eventually be moved to the US? I am from Europe myself by the way and have been in both Aus & N.Z.
I can see there is a traded OTC BRCHF at a share price at 0.49US$ and daily volume at about 1.50k.

Thanks for reading and looking forward to comments.