Akida passing the tests won't send it rocketing....that is priced in now. Parabolic rises like this are rarely sustained at this end of the market. A pull back may happen....but its expected and that's how the markets work.
A nice gentle settle into the mid 40's and some timely announcements concerning revenue/progress/contracts will see it spinning north again and maybe at a more sustainable level.
The other option of course is if a big insto/capital firm decided to jump onboard and saw 50 cents as cheap...they might hoover up a fair few to get in the game. US firms will find this company to be a minnow worth climbing on if we get good news...that's entirely possible.
All my opinion of course....DYOR.
BRN Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held
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