Gday LindoI have to say I had a bit of a chuckle when I saw that...

Gday Lindo

I have to say I had a bit of a chuckle when I saw that comment about whether I work for BRT. To clarify, no I dont work for BRT and have no relationship with them other than the fact I am a shareholder.

Im not reading anything into the current share price action. The market has had its most volatile week in recent memory, and besides the big sell order that BigRed mentioned, the volumes have been miniscule. Look at friday.... less than $10k changed hands. People are nervous, and remember BRT has a market cap of only $10m and no substantial revenues yet, so its not surprising that in this environment we arent seein buying step in.

Im sure it will, and whether its at 12c, 10c or 8c, time will tell. In the end, im with Lindo and others comments about the long-term share price appreciation, but we must remember that this stock isnt for everyone.

Rifici, you have in quite a number of your posts expressed concern about BRT's partners (particularly Reveal), and whether they are committed both from a personnel perspective and also a share holding perspective, to the BRT group. The company has given no indication that this is a concern, and I would imagine Reveal will be the base of the US operations, so im really interested to hear why you express concern at this.

As for the PE valuation.. when companies are this small, a PE is largely irrelevant. I would imagine what will happen is that at some point, when the market cap hits a certain size (maybe $100m??), that it will get on the radar of the instos, and once that happens, and they start analysing the company and coming up with a current and prospective PE, that will be when a PE ratio can be applied to BRT securities. At the moment, I dont think its relevant as its flying under the radar of just about every insto except the ones that participated in the recent placement.

Cheers
Livas1