It’s incredible the amount of crap that’s been posted on here today and the past couple of weeks. I’m open to objective points of view but seriously, stating that BRN is doomed because they have not made any announcements is just ludicrous.
To pin point that BRN is the only SP that’s being affected atm is just pure lies. The US market has been up and down like a yoyo, ASX shares are mostly in the red, COVID impacting not only share prices but how businesses operate, lock downs dragging on for months, major economies playing hardball with each other, we’re all learning to accept Webex meetings as the norm, overseas travel bans, Interstate travel bans, the small business guy hanging on by a thread that’s if he did manage to hang on. But never mind all that, let’s just concentrate on BRN.
First of all, yes there was high expectations that BRN would be further down the road then where we are now but that’s because we all hoped they would, management never promised us that would be the case. Management have only stated that we are moving from R&D to commercialisation. A huge step in the right direction in my opinion. Management have stated that we have EAP’s and NDA’s in place. Chips received and being tested, chip distribution in Q4. Revenue slowly building, future looking bright.
Shorters have been wetting their pants lately with delight, knowing that they can ride the gravy train a bit longer while business is moving at a slower pace, but it won’t be long before they’ll have to close their short positions or face financial ruin. They know that so they’ve up the anti to maximise this period of profiting for themselves.
I’m gonna to hold, and accumulate as much as I can. They’re actually doing me a favour because I’m not here for a month or two, I’m here for the next five years. And if I can buy more shares at a cheaper price why wouldn’t I.
IMO not financial advice.
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Mkt cap ! $361.9M |
Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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14 | 516291 | 0.195 |
86 | 2536976 | 0.190 |
40 | 2085642 | 0.185 |
58 | 1661242 | 0.180 |
21 | 425405 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 1158060 | 31 |
0.205 | 1015791 | 23 |
0.210 | 1064366 | 27 |
0.215 | 566597 | 22 |
0.220 | 677708 | 22 |
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