Xhosa12345
Regular
Feel ya pain, i also had to reduce holding recently to cover personal expenses while my business grows. Cash is pretty tight everwhere at the moment , for businesses as they manage cashflow, increasing debtors while managing rising costs (yes on flip side a lot have raised prices also but doesnt help when cash takes longer to come through) and on the individual side, rising rates and costs of living are starting to really bite, and wages havent gone up in proportion (so negative wage growth exists).Recently, I had to offload the majority of my BRN, it eats me up inside having had to do so. So I could fund my share of a startup, not all bad but I do have a deep love for BRN, so somewhat pains me to admit I had to do it.
I am hoping we can sling shot our startup into the stratosphere then I’ll be well and truely LOADING UP on BRN.
I’m sure many/ most holders want it to head north asap, but I beg for your patience and I hope the world stays blind Freddy for a little while longer so I can be back in a BIG way.
Haven’t been on here for some time, but a quick check in reminds me all is well and flourishing in BRN land.
Happy holding to all, try and save me a seat![]()
Do its tough out there now, more so than its been for a long time even during covid. Thats my opinion anyway (and from a perth standpoint and small business / wage earner standpoint for what i see out there and from clients directly)
I also think, well actually, i know , that its going to get worse before it gets better... maybe 6 months, but maybe more like 12. Just look at traffic lights and around the streets, increasing amount of sign carrying and homeless popping up in spots i have not noticed before (talking again about perth/suburbs only)
From a brn perspective, think we will drop out of the 200 soon, so there might be some buying opps before the next 4c... after predicting 5m in last qtr, well obviously i have nfi.... but anyway, hopefully this qtr will be better. We also get the annual report shortly after i think ( i prefer these as its the true result rather than just cashflow). i actually think there will be buying opps for a while.
Anyway, i know its tough out there, but remember to enjoy the festive period with family friends and loved ones. Have some fun and balance work and time for yourselves and family where you can.Theres people struggling a lot much more out there than probably most if not all of us fortunate enough to be on here.
Have a great day guys and gals (and ppl who identify as other things (like cats bravo.. ....!!)