I agree that its not commercial but they have a proposal out with a planned product should not take much longer if compared to the 7 year wait.
I can say this in the past lots was hyped up with BRN back in the day. The Airbus engagment may have been only a kick at Akida before it was even out so this process took a while as we see. There was no more talk about Airbus till now.
There was that report on how we talked even highlight that Airbus was dead a failure on BRN. Here we are likely 6 months after that report or more and Airbus surface.
This tells me 2 things that the collaboration never fail it was in the works and it took them thus much time.
So i veiw this as a positive IMO for commercial success.
Beyond to other colaborations we do not know what level they are one.
We were told that there are possible IP wins time will tell over the next 6 months.
I'm not about to throw the book on BRN but let's see in the next bit. There will be lots of negative pressure put fort due to trades that need to be closed out that's not my problem I assume there was an expectation of 50 plus million shares to be available which disappear for the player.
Personally I have lots of issues how things have gone but I guess we will see in the next year what value will be added.
if not I hope that they just sell the company and move on the founders have retired so IM opinion this could go for auction.
Despite what some say here the IP and the patents do have value that is not reflective of the SP The company sees it as 1.59 maybe the buyer sees it at 1.00 or maybe 60 cent who know. But I'm confident it's above 19.3.
Maybe the Investor was privy to a standing offer where the cour 3x 4x 5x there money if BRN sells. The 1 year deadline may be the sale of the company.
I'm sure you could appreciate how difficult it would be for themnto get their money back if BRN was to not succeed has to be some guarantee.
all IMO
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Last
26.5¢ |
Change
-0.015(5.36%) |
Mkt cap ! $522.7M |
Open | High | Low | Value | Volume |
28.5¢ | 28.5¢ | 26.0¢ | $4.339M | 16.23M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 565362 | 26.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.5¢ | 386118 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 511516 | 0.260 |
24 | 933096 | 0.255 |
59 | 1692991 | 0.250 |
11 | 245485 | 0.245 |
15 | 162467 | 0.240 |
Price($) | Vol. | No. |
---|---|---|
0.265 | 386118 | 6 |
0.270 | 500347 | 14 |
0.275 | 895392 | 19 |
0.280 | 816845 | 20 |
0.285 | 575148 | 19 |
Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
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