Mentioning brn in the same sentence as softbank, arm, qualcomm, apple and samsung is plain fantasy imo. And talk of billion dollar takeovers is likewise pure la la land. Here is the reality. The company needs to release some news soon on ceo, m4 etc to reverse the down trend. They need to explain to the market in concrete fluff-free terms exactly how snap will enhance and add value to spikenet's technology. They need to explain to the market in the same terms why there have been no expressions of interest in snap from various prospective partners. What is happening on the F500 front? And so on. Doing a dog leg into a new business plan does not instil confidence, and if the company can't show a credible path forward the stock will continue in its downward direction.
All imo.
BRN - the next move higher, page-41
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Last
26.0¢ |
Change
0.025(10.6%) |
Mkt cap ! $522.7M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 27.0¢ | 24.5¢ | $2.825M | 10.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 921041 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 782603 | 22 |
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| BRN (ASX) Chart |