The biggest risk to BRN is competition.
Hardly anyone is buying BRN's products (minimal revenue), and big tech will be designing solutions for their own needs.
BRN's CEO stated that they had 'around a year' advantage over their competitors - that was a few month ago...
Big tech has no need for BRN, they can outcompete them in the market, with BRN's products becoming redundant. That's the major risk.
Pure Play Opportunity, page-25
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Last
24.5¢ |
Change
-0.030(10.9%) |
Mkt cap ! $480.8M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 27.0¢ | 24.0¢ | $4.928M | 19.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 1304197 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 839958 | 18 |
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| BRN (ASX) Chart |