Why do you think shorters are the reason for every problem at BRN? Because its easy to blame someone else? Don't you think BRN management is more responsible for not delivering on their promises? For comparison, WBT which now has a higher market cap than BRN and in a similar situation trying to commercialise their product is not shorted at all. Its not the shorters problem that the company couldn't get Akida into a mass market product for more than two years.
On another note it looks like Mercedes Benz has gone with Nvidia for their new MB.OS at least for now. Given that the design of 2024 model year vehicles is likely to be done by now, I don't think we'll see any revenue from MB till at least 2025 and thats also not guaranteed.
My opinion only. DYOR.
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22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $408.3M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 21.8¢ | $1.107M | 5.019M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 110458 | 22.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 355185 | 24 |
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| BRN (ASX) Chart |