As I've said before, in my view there is nothing at all...

As I've said before, in my view there is nothing at all surprising about the share price decline.

Despite the downtrend over the last year, BRN's market cap is still around $900,000,000 on the background of minimal revenue in an extremely fast paced and competitive sector. If anything, arguments could be made BRN's share price is still significantly overinflated.

What IS surprising is how the share price was pumped up to over $2 in the first place! In my view, the pump was largely due to naive retail investors blindly believing everything rampers were posting on social media and stock market forums, and thinking BRN was their ticket to untold wealth.