Looking at charts lately I could argue a bullish trend or a bearish trend too depending on my position also. It is a coin flip at this point.
But when you put some thought to what is happening with the company and partners I have to go with a bullish call IMO. We should be signing some IP deals shortly its been a while since 2.0 has been released.
Sean has said their current engagements have defined timelines so the possibility is close by. IMO news can drop anything now.
I know there will be some comments about the past 2 or 3 years of delays blah blah thats fine points taken on that tell me your confident there is no IP deal for the next 6 months lol. I'M confident that we should see some deal in the next 6 months.
Be interesting to see how the edge boxes go too. There is quite a bit happening IMO that a 4 cent decline is hardly worth my concern.
Looking at charts lately I could argue a bullish trend or a...
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22.0¢ |
Change
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Mkt cap ! $408.3M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 110458 | 22.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 355185 | 24 |
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| BRN (ASX) Chart |