For a 5m market cap, we’ve had 4 days of 40m share volume, followed by 2 days of 20m plus volume. That’s a HUGE base formed. Also BRN almost 1000x the price of SE1.
Despite all of this, it is not reflected in the price. that’s because the market is slow and we are all waiting for news of the acquisition. If it’s at 10c now without news flow, maybe that’s a gamble. If it’s 5 Billion market cap like BRN Brainchip, that is a gamble.
But this right now, I would not call a gamble. I would call that a bargain or free money on the immense scale for those that are patient to wait it out.
For it to be a gamble there needs to be risk. Given the cash in the bank, I see none before the announcement is made. The only risk is selling early…
