Exactly ... should have been a non-price sensitive announcement. WTF is going on?
BRN Discussion Ongoing
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BaconLover
Founding Member
''Nandan'' in local language where he comes from means ''the one who brings joy''.
I really hope he brings joy to all of us
I really hope he brings joy to all of us
... quite unbelievable. BRN's reticence to announce anything on the ASX platform that might inform investors re what's going on is becoming rather absurd. This was a golden opportunity to announce some longed for good news and they blew it. FFS ... take a leaf out of the WBT playbook ... WBT keeps its investors continually fully informed and makes it a joy to go on the journey with them. Doesn't BRN have an investor relations manager?!YEP, .............. howbout a welcoming msg from our illustious leader, highlighting where Nandan has come from , and what he brings.
ie; many years exp in a major company
Seems too much of a ask from our CEO, ...............
Fullmoonfever
Top 20
Tend to agree.YEP, .............. howbout a welcoming msg from our illustious leader, highlighting where Nandan has come from , and what he brings.
ie; many years exp in a major company
Seems too much of a ask from our CEO, ...............
I'm sure it happens but don't personally recall too many companies that don't take the opportunity trumpet a positive exec hire.
alwaysgreen
Top 20
I see it like this. An exec hire is now "unimportant" given where we are at.
Expectation is high. Revenue is coming and I am hoping that management believe that we don't need "fluff" announcements. Sean wants results and he wants to deliver shareholders (us) results.
Watch the half yearly report. I am expecting some considerable revenue. I couldn't care less if we don't get an announcement now until then as long as there is a nice jump in $.
How insignificant is an exec hire when revenue increases in the 1000's of % start rolling in!
Expectation is high. Revenue is coming and I am hoping that management believe that we don't need "fluff" announcements. Sean wants results and he wants to deliver shareholders (us) results.
Watch the half yearly report. I am expecting some considerable revenue. I couldn't care less if we don't get an announcement now until then as long as there is a nice jump in $.
How insignificant is an exec hire when revenue increases in the 1000's of % start rolling in!
equanimous
Norse clairvoyant shapeshifter goddess
Are we rebranding to Armchip
Deadpool
hyper-efficient Ai
Didn't someone post something about Jerome going part time, a week or so ago?
Announcing the hiring of a Chief Marketing Officer is not a fluff announcement ... especially one with Nandan's credentials. It's 'effing keeping investors informed! Something BRN just doesn't seem to get.
Fact Finder
Top 20
I have as most know voiced my objections to the ultra conservative approach taken by the company to making announcements via the ASX.
So while it’s entirely a decision for each shareholder to make the best way to voice concerns in my opinion is to send them to the company as I have tried screaming into space but all it leads to is my wife telling me to come inside as the neighbours are watching.
One thing I would say is that the rapidity at which some can decide a decision by an experienced Board and management is incorrect reminds me of some lines from a black and white Western I watched as a child:
Judge: “String him up boys.”
Sheriff: “But what about a fair trial?”
Judge: “Your right. First we’ll give him a fair trial. Then we’ll string him up.”
My opinion only DYOR
FF
AKIDA BALLISTA
So while it’s entirely a decision for each shareholder to make the best way to voice concerns in my opinion is to send them to the company as I have tried screaming into space but all it leads to is my wife telling me to come inside as the neighbours are watching.
One thing I would say is that the rapidity at which some can decide a decision by an experienced Board and management is incorrect reminds me of some lines from a black and white Western I watched as a child:
Judge: “String him up boys.”
Sheriff: “But what about a fair trial?”
Judge: “Your right. First we’ll give him a fair trial. Then we’ll string him up.”
My opinion only DYOR
FF
AKIDA BALLISTA
David holland
Regular
We need to be making profits ,covering expense etc
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supersonic001
Regular
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More calling to ARMs
Shadow59
Regular
I dont agree with you here.
In the absence of any news, the hire of a new CMO escpecially of such a high pedigree should be put out over the ASX as a non-sensitive announcement, just for the sake of giving some information to shareholders. It is a nothing to make that effort. Sometimes people need a sip of water to help get them through the dry dusty desert!
Fullmoonfever
Top 20
Not sure I entirely agree.
Yeah, revenue is expected and will be hugely beneficial if materialises.
However, communication and engagement with the market is also an expectation of a listed company.
It tells the story, provides the narrative, celebrates the wins / milestones and brings the mkt along the journey.
Fullmoonfever
Top 20
Prefer that than SemiRetirementChip
alwaysgreen
Top 20
Is a press release not enough though?
At this stage in the journey, it is for me.
toasty
Regular
Agreed
FF, WBT's CEO Coby Hanoch treats his company's shareholders with utmost respect and keeps them fully informed ... and certainly key appointments are always announced as they should be. BRN seems to treat its shareholders as necessary nuisances to be kept in the dark. As a long time holder in both companies ... the contrast between the two is stark. Nandan's appointment should have been announced on the ASX ... period! There is simply no excuse for not doing so.
mrgds
Regular
With respect @alwaysgreen
An appoinment of this calibre is not a "fluff announcement"
Its yet another strategic building block , a strengthening of the company, that the wider market should be aware of. !!!!!
Yes, i , like you are anticipating either a company making announcement or two going forward, or hopefully a considerable "up lump"
in the next 4c, ............ but i think that would be much nicer from a higher s/p base than we have now, and imo, announcements like this that
could have been, would elevate the base s/p from which we can then launch.
Sometimes unforseen circumstances arrive in peoples lives, which not by intent, make some investors have to sell down their shareholding to cover there unforseen bills/emergencies etc, ................ and at this price i think we could all agree that its not fair.
Great that so many on TSE continually put so much into "dot joining" ............... but a concrete appointment of this calibre should be known to the wider market when it happens.
Anywho, it is what it is, and as mentioned earlier, just pissed with the s/p stagnation.
AKIDA BALLISTA
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