Fact Finder
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There is a very old saying that something is only worth what someone is willing to pay for it.The other big takeaway I got from yesterdays presentation is the obvious: “How switched on are they!”
They truly are leaders in their respective fields.
They are well aware that just being the first and best is not enough. That was excellent to hear!
I hope the Management Team is respected enough that every time the SP fluctuates a little shareholders can stop with the cheap shots and appreciate that the Team is doing their best: “And they know best!”
The Management Team is focussed on the business of selling IP. Once that is in full flight and has become uquitious the SP will take care of itself hence the statement, “The shareprice does what the shareprice does.”
This saying is considered conventional wisdom but it is completely flawed.
Consider this I have mentioned that I provide the grunt for my wife’s hobby of antique furniture buying and selling.
At the last physical auction we attended before Covid a drop inlaid table was her target. She was the only bidder and it was knocked down to her for $90.00.
I picked it up brought it home she photographed and listed it and sold it within 24 hours for $650.00.
So what was the real value of the table $90.00 or $650.00.
The answer $1,000 if my wife had been prepared to wait.
So the table sold twice for a price that did not reflect its true value.
My wife does her research. My wife new the true value and she had a plan and she implemented her plan.
The price that BRNASX sells for is not true value it is just the price it sold for and hence the statement the share price will do what the share price will do.
My opinion only SO DYOR AND HAVE A PLAN
FF
AKIDA BALLISTA