"I think the board really forgot that they are responsible for...

"I think the board really forgot that they are responsible for the BRN financial stuff"

In my view it's remarkable the BRN share price was inflated to where it currently is in the first place. In my opinion, this occurred at least in part, as a result of naïve retail buyers (most with no relevant engineering background to understand the product or sector) blindly believing all the frenzied ramping on social media and stock market forums that BRN was an almost guaranteed ticket to untold riches.

This is a company with a market cap of $800,000,000 on the background of minimal revenue and finds itself operating in an increasingly competitive sector.

Some may argue even if the share price halved, it would still be overvalued at this point.