8-10 year (minimum) outlook! Are you kidding? What else could you do with your money in that time? Don't you invest to make money? I did indeed sell out, for three times the amount I paid, but also for half of what I could have got if I'd sold at the top. I know, picking tops and bottoms is more luck than science. I put the money into Australian mining companies, which are steadily holding me well above water. As the share price tumbles, the real cost is idly watching other companies prosper. BRN's share price needs to multiply eight times (8 bagger) just to regain the highs of last year. Realistically and honestly, can you say how long that will take? Does BRN still have first mover advantage as they were claiming four years ago? Why does the management keep selling their shares? Why is Sean paid so much? Why did it take so long for management to own up to Akida 1.0 failure. It couldn't just be the companies taking test kits saying it's no good. Surely BRN's scientists saw its limitations as well. Why string us along? Akida 1.5 might be the new neuromorphic messiah, BUT, how long until it's success is reflected in the bottom line and therefore share price?
BRN Price at posting:
34.5¢ Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)