To assert that management should be better at keeping shareholders informed is really a pointless argument.
What are you hoping they will say?
There is only one thing we want to hear and that is that BRN has signed a lucrative license deal.
And they will only be able to say that IF...
- They have signed a contract.
- The contract isn't subject to an NDA that requires BRN to keep it quiet.
BRN can keep shareholder's informed with more non-committal platitudes but then the naysayers here will just ridicule the updates by saying "show me the money!"
Saying nothing is not hurting the share price.
Not being able to announce a deal is allowing impatience, bots, and down-rampers to whittle down the price.
There is nothing to be done but to wait, and Sean explained exactly what we are waiting for an why it will take time.
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Price($) | Vol. | No. |
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