If you can navigate the first 3-6months here and stick around, you’ll be fine..
Shares on issue. Not a problem.. I’ve come to view these types of things as fairly irrelevant.. The main thing always comes back to company earnings. If they are there, the rest takes care of itself..
Also who owns the large majority of those shares, and BRN senior management have a strong foothold..
BHP seems to cope fine with a large SOI.
On the American interest, refer back to earnings.. if the earnings are there, the valuation will follow, especially in the growth phase which is only just commencing.
Nasdaq listing will undoubtedly eventuate with BRNs US presence and US based team.
Valuation.. If BRN is valued over $1billion now pre-royalty and IP conversions, what will it be valued at with 10 IP customers bearing increasing royalties year on year?
Rhetorical question there.. However, when you contemplate it with the knowledge of how growth stocks are valued over the long term, it’s frightening how big BRNs potential is.
BRN Price at posting:
66.0¢ Sentiment: Hold Disclosure: Held
(20min delay)