Why are people panicking about this? Particularly with Trump's isolationist and inward agenda what exactly is the downside to this?
The ASX is a pain in the arse regarding announcements. This is why BRN choose to disseminate positive news via other means. Remember, this information isn't just plated up. Nuance and undertone are also at work and very useful information is in there for those delving a little deeper.
Additionally, Australia has a long and sorry reputation for not supporting home grown R&D and innovation to the extent that many Australian companies relocate to the US where innovation and disruptive technology is appreciated and attracts investment. The dollar value lost to Australia simply because Australia has no vision and will not support technology and innovation is enormous.
Moreover, BRN relocating to the US and listing on the US stock exchange is unsurprising conlilsidering BRN is in partnership with many top tier US companies particularly military and defence related partnerships.
Of course the shorters, panickers and just plain frightened will claim the sky is falling. Those saying that company xxx relocated to the US and listed on the US exchange and failed shows desperation or ignorance, and is a piss poor argument and means absolutely nothing in the context of BRN.
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