Techinvestor17
Regular
Hey mate,As long termers here will know. my posts are usually pretty upbeat. I have been heavily into this stock since 2016 so am obviously a patient person. However, I admit to the continued manipulation of this stock slowly wearing me down. I understand that our relationships are protected by NDA's and all that but to see the share price where it is with so much good news flowing over the last few months is VERY frustrating.
I am a big believer in the technology and the team bringing it to the market but damn it if the manipulators aren't having a field day at our (ordinary retail holders) expense. I guess some of it boils down to the fact that the ASX is a technology backwater. If BRN was listed in the US I am confident that the SP would be some multiples of what it currently is.
And I'll tell you something I don't understand. If the new version of AKIDA is currently in pre-production why hasn't there been an announcement about successful initial testing? It is inconceivable that we would be proceeding to tape-out if Peter and Anil were not convinced that it is going to work!!!!
Rant over.....hoping for some commercial progress to be revealed in the upcoming 4C..........
Appreciate the honesty. I’m in a similar time loop to you and can relate to the sentiment about the share price. I’m not sure about the NASDAQ listing value being materially different. An example is IONQ, they have the worlds most advanced known quantum computer for commercial use and have consistently grown their revenue with a valuation of 900k USD. The revenue might be on a scale that we might achieve but it is something to be mindful off.
On the shorters/day traders note, one thing I’m 100% convinced about is that eventually there will be no escape via NDA or other means from disclosing the cash receipts in the 4c and when that happens the shorters are going to get smoked.