Baron Von Ricta
Regular
Dear Mr Special K.Hi all,
I have this serious question to many of you holders and I welcome both positive comments and negative. I'm not here to start a fight just want some honest opinions.
So July 2020 BRN SP was at 16.5 cents which is what our current sp sits around plus minus a penny or 2.
We still had not released Akida just yet but everything else was unknown.
Today January 2024 3.5 years later we sit at 15.5 cents. I do not think I need to write up our IP deals or partnerships that have been reported. No data just the PR the ASX and what's been stated by the board.
This is not advice to buy or sell shares I'm just looking for genuine comments.
If you bought post July 2020 and look at the accomplishment and potential products what would stop you from buying today compared to you buying post July 2020?
What is your real outlook for the company do you feel they will succeed? Fail and Why?
My awnser is that I would feel comfortable making a buying more shares if I could but unfortunately my circumstances do not allow for it.
I feel today's price has less risk and more value wuth the know partnerships that have been disclosed.
I feel that revenue from our past deals is around the corner.
I do feel that there was a larger expectations then has been delivered so far and its been disappointing to say the least thats on the revenue front.
On the ecosystem and partnership front the company has really grown there are quite a few leads to revenue streams that will make the company buoyant financially IMO.
I guess when I look at the SP I view what could be in1 year in 2 years as very positive. When I look at the past its easy to see why many have abandoned ship or lost faith in BRN.
Holders are suffering a paper loss thats fore sure. But if you pulled out the excel sheet and looked at all the cross trades and CXA going at 15.25 cents and selling it make me wonder who is in control. There is very little interest buyer atm clearly.
If you look at the short increase pre CES and during the CES there was no shorts taken very little post CES again they are hitting it hard this week. Clearly the shorter did not was concerned about some news or interested buying but any time there is momentum short increase and kill it. They have their algorithms and systems tweeked and will run the SP as the choose only time the lose out is when there is a change in momentum and buyers return or one of the institution will feel enough is enough lets buy here. So who now when this day comes is beyond me. We have not had a good ASX announcement in years
If the share price was holding around the 50 cent mark, I think that the general retail shareholders would feel more confident in their decision to invest. The manipulators know this and so they trade amongst themselves and get the share price as low as possible which scares retail into doubting their decision.
What us retailers have to consider is what has gone backward for the share price to fall. As far as I am concerned the company is in a far better position now than it was 3 or 4 years ago.
A lot of investors, I believe think that 'it's bloody great new tech and overnight the money will come rolling in'.
As has been mentioned time and time again, this disruptive tech takes time, a lot of time.
So although the share price is as low as it is I have no doubts at all that time will repay me for all the research I have done over the years.
Getting 1% of the Edge market will be enough but I believe that we will get at least 40 - 50%, based purely on the amount and calibre of our partners and patents.
All that is required now is a little bit of patience, or should I say a little bit more..........
If you have done your own research and due diligence, then be confident in your convictions and stuff all the trolls and naysayers.
That's my point of view anyway.