Well it would be positive but you can not base your decisions on these things either as people make mistakes.
Im optimistic that BRN will succeed commercially or be bought out at a higher price then we are today. When well how long is a piece of string.
Has there been lots said and not delivered in the past yes that is why we are priced how we are. Im looking innat today and where we will be a year out or two.
The Pitts report said cash is fine short term and medium term.
Also mentioned possible sale medium term.
In medium term the time line is 1 to 5 years.
i will give it the 2 years still but if they do not have anything inn1 year price will be derisked possibly more. But my suspicion on this report I will keep to myself but basicly the company is putting a price on the IP at what I suspected.
I would be more concerned about BRN if there was the same coming from the company on the ASX and nothing more.
The news flow on LinkedIn on the project progress is quite significant and actually growing daily.
When you conversate with non BRN people they have positive things to say about Akida and have a positive comercial view. Yes there were some negative views but the positive out weight those and I look at those that do not compete.
next 6 months will give us a better idea.
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