Chart, page-14244

I think it was ASX Investor in one of his Youtubes on BRN that made the observation that BRN is behaving more like a US Tech Stock in its share movement behavior than an ASX stock.

I think he means that we will continue to see meteoric rises often without much pull-back - based on the potential.

The potential is driven by a global insatiable demand for working, practical edge AI. BRN is the current technology leader with first mover advantage.

The thing holding the share price back has been...

1. PIPELINE TIME: Customers' (i.e. EAP) R&D time - it's taking a while to learn the new tech and work through R&D, product development, etc.
2. SECRECY: The fact of their involvement (we don't know who they all are) and R&D activities are hidden behind Nondisclosure Agreements

When you think about the revenue potential (the multiplier effect of the licensing fees), and the amount of R&D work that has been going on in the back ground (by BRN's customers), all under NDA and therefore not reportable, you can deduce that an enormous amount of intellectual capital has been accumulated under the radar that is about to come to the surface.

While this has been happening, the share price has been flat for well over 12 months.

Traditional ASX thinking is any big rise must be followed by big pull-backs to correct for the hype effect.

There is no hype. Just suppressed share price.

In my opinion.
Do your own research.
And all that stuff.