No because I never just believe what someone else tells me. That does not mean I think they are being untruthful but I like to make my own mistakes so I would take such statement on board and seek to understand what are the facts they rely upon to come to that opinion.
The statement sounds similar to the recent MF recommendation and if that is what you are talking about while I respect the individuals strength of character he has made a factual error regarding casinos which causes me to question his basis for making the statement.
BRN remains a speculative investment however it has been considerably derisked in the last few months in that they have adequate capital reserves and a validated chip, a technologically innovative product in AERO and confirmed relationships with major companies.
What they don’t yet have is the ability to confirm whether they have a commercially rewarding agreement with a customer.
This final step perhaps is less riskier for BRN than another company because they have a product in AKD1000 the chip and the IP which has multiple market opportunities from medical diagnostics devices through too aerospace applications.
A revolutionary parachute only has one market or purpose and if that market dose not like it good luck trying to sell parachutes to hospitals.
So my answer is you have to DYOR. If you are not comfortable having done so then this should provide you with your answer.
My opinion only DYOR.
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19.0¢ |
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Mkt cap ! $372.2M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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7 | 178405 | 18.5¢ |
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Price($) | Vol. | No. |
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19.0¢ | 562404 | 11 |
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No. | Vol. | Price($) |
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7 | 178405 | 0.185 |
26 | 1143586 | 0.180 |
27 | 968468 | 0.175 |
63 | 2036663 | 0.170 |
56 | 1312900 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 562404 | 11 |
0.195 | 1125943 | 20 |
0.200 | 925394 | 41 |
0.205 | 792425 | 12 |
0.210 | 867412 | 17 |
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