Well let's be honest hear the company has not given us any real reason to be overly optimistic at this points things have gone quiet.
They kick the can down the road it's really pathetic and IR is silent does not awnser hard questions that really are not NDA.
So in hindsight I'll.say it that the serial posters with a negative outlook have been correct.
The few positive people and investment money that holding BRN is really either overloaded with share or just won't put any money into the company. Hence the price is what it is. If there was to be some investment you would see 18.5 cents actually hold we would be trading north of the SPP but yeah I guess who ever shorted sold down that load of shares left hand to right is playing games shaking people.
But have it we have not gotten any positive comercial news scice I don't remember. I'm actually shocked that 22 million nwas raise they mist have been shown something cause I seen nothing.
Shorters deal with the now and short term SP. Yes they have done well. There job is to get the current SP to fall. BRN's role is to set the future up, hence an eco system etc. No short cuts unfortunately.
I am a long term holder so I deal with the longer term and I am confident that AI at the Edge will arrive and enjoy exponential growth. We are just not there yet.
I am also confident that BRN will play a role in the fast growing Edge industry.
In the meantime even 20% or 25% of the Pitt street patent valuation will see a handy short term profit on the current SP if we sold now. However the short term is not a worry for long termers only shorters.
If we received an offer of say 25% of the Pitt Street valuation the shorters would be stampeding the exits worried about a possible bidding war. We have after all a stellar patent portfolio. Will not happen short term IMO.
I am not the slightest bit worried about revenue. It's an easy target for shorters sow a bit of fear and uncertainty.
Wonder if we get the usual after raise open news to kick things on a bit.
Brokers advise companies to make an effort to get something out. The quarterly is due soon. Anything else?