We should exceed/expect a closing SP of $1.60 or greater today, and continue higher into next week.
A number of people have commented on the hockey stick growth other the last couple of days and they think there should be a pullback. Why?
I don't think so. Knowing that we have a trajectory of being a multi billion dollar company, if one was to extrapolate the Y-axis of a price graph for BRN to, say $9, then the rise that we are looking at is so minimal. In fact with all the upside the company is experiencing the price should've perhaps already been in the multi dollar range already, and we are just playing catchup to where we should be.
If you want to see a real hockey stick, then we'd need to be at about $10 by Mar/Apr, and if there was a pullback after that I wouldn't be to worried.
2022 BRN Discussion, page-2220
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18.3¢ |
Change
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Mkt cap ! $352.6M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 18.0¢ | $42.41K | 234.5K |
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| No. | Vol. | Price($) |
|---|---|---|
| 11 | 308926 | 18.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 493974 | 12 |
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