2022 BRN Discussion, page-5520

I find your comment that nothing fundamentally has changed interesting, as it is true that not much has changed since we were at 70-80 cents share price. While I don't see it going back to there I definitely can see the potential for it to drop back to low $1 levels. As you say, nothing fundamentally has changed apart from the news, being most talked about stock due to the crazy increases in SP and people wanting to get in before they miss out (FOMO)

As I posted previously I took some profits at $2 as I could see the SP rocket was unsustainable and bound to come back down soon, the ASX200 correction has brought it on even sooner than I thought. Even the biggest believer in BRN I know who got me into the stock was saying it was due for a correction and he was right.

I see the future potential of the company especially after the Mercedes news. But I think realistically the tree will keep shaking for quite a while. More chances to get some more shares cheap so I'm not complaining. Just find it interesting when comments are made that not much has changed from $2.30 -> $1.39, when the same is true that not much changed from 70c -> $2.30.

akida ballista