When and IF
The valuation in the Pitt Street report is by its nature conservative. Its based on IP value only.
I cannot see BRN share price "recovering" and drifting-up to the Pitt Street valuation (what was it, a $1.60 or something?) on fresh-air.
The catalyst for share price recovery will be a deal announced - some tech player deciding to apply Akida commercially and committing to a quantifiable and contracted amount.
When (and some of you would say - "IF") that happens, the new valuation will be at least the IP value and then some.
In my opinion when (and IF) a deal is announced, $1.60 (or whatever it was) will be a whistle stop on the way to a much higher share price.
Could be wrong.
Been wrong before; for example, I thought Port Power would get creamed by the Bull Dogs last Saturday.
When and IFThe valuation in the Pitt Street report is by its...
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