Read the article. Its a bit ho hum. The author does not realise the length of time the testing qualification takes before revenue starts coming in - does not even mention it. Its about patience.
If there were any breaches of ann disclosure the ASX would have acted - they have not. So all good.
In the meantime BRN uses social media to keep investor spirits up. Many companies do this, especially pre revenue companies. The author should know but obviously does not that the ASX could take punitive action if price sensitive information is released via social media rather than an official anns. No problems for BRN here either.
The author does not seem to understand that start ups make losses while waiting for revenue flows to commence - i refer again to testing and qualification periods. The author needs to brush up on the meaning of spec as in speculative stocks.
It seems only a matter of time before we see a market moving revenue ann.
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Read the article. Its a bit ho hum. The author does not realise...
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