Ann: June 2018 Quarter Update, page-223

It's always fun to play with price predictions. This is opinion based only so please DYOR.

If the SN tech invoice was paid then we would have seen an approx 45-50% increase in revenue. Here's the kicker, our flagship product isn't even available yet. With 30 odd NDA's in play at the moment presumably all relating to Akida and we don't know the potential contract values I am assuming that the growth rate could be around 100-200% or more per quarter. Which sounds excellent but we are coming off a low base so doubling $1m in revenue is not as hard as doubling $20m.

Comparison to companies in the same sector also helps when determining how a company should be valued. What company do you compare to BRN?

All of that being said, we'll have a high margin product with presumably strong demand and potential growth rate of 100% or more. I'd say the share price by xmas will be slightly more than double what it is now. In the range of 37c to 42c. On the other hand if revenue does not increase then you could half the current share price. The possibility of the price decreasing after the release of Akida is very low imo. Even if revenue didn't increase significantly the IP is well worth a large player buying the company.