Sadly this is a company that has made a large loss every year of its listed life. It has little to no revenue (relative to market cap) and management that are well compensated for a company of this size. Almost all costs of doing business have been covered by capital raisings.
I have great sympathy for those who have lost money on this stock. Like GSW, BRN is very promotional and its existence to date seems to be based on the generosity of 'mum and dad' shareholders providing capital on a regular basis. Of course there is a chance that they will build a viable AI solution that is financially rewarding. If this were to occur the SP would rise significantly. Though at this point the risk reward matrix seems skewed towards the negative.
BRN Price at posting:
13.5¢ Sentiment: Sell Disclosure: Not Held
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