My opinion is not worth much but our large inside holdings will ensure only a 'too good to refuse' offer would be accepted.
While the BOD see high growth ahead they will not be letting go. You make your name and reputation heading up high growth new tech stocks. We make our money holding..
Tony Lewis in response to where will BRN be in 5 years ( CES 25 interview) said " in everything". Tongue in check of course but we get the picture.
Both Sean and Tony V have been accumulating and you can bet they continue to do so - check the latest 'Director holding notices' - some posters refuse to acknowledge this as real accumulation and resent RSUs' being part of their salary in lieu of cash - that is ok but their shares balances are real.
The point i make is that insiders are holding and those still on staff are accumulating. What does that tell us?
There is a lot of water still to go under the 'Deal' bridge but hopefully we will start to get some flow soon.
The good news flow has been picking up since Sept'24.
I have noticed in stocks that good news tends to have runs that can last a while. Lets hope ours continues.
$10 would be an absolute floor for me - we are a global business not an Aussie business with some overseas branches - so we make global money not Aussie money and it sometimes can be hard for Aussies to get their head around all this.
We only have around 2 bill shares on issue and that sounds big for an Aussie stock but its small fry compared to the US. NVIDIA has circa 25 billion on issue most issued before it became a Titan.
The big boys are accumulating now, so if the SP goes up 5 or 10 times they would be very happy considering their large holdings -right? So if they sell at 5 or 10 times the current SP they would would be very happy, and they'd probably make a lot more than most on this forum. Couple that with their reasonably high salaries, they would set themselves up well for retirement and never need to work again. So, if an offer comes in for a buyout/takeover, what would be the BOD's drive to ask for a high price, ie greater than $5/share? - particularly if a bid comes in before a real price sensitive announcement/ revenue deal.
I do recall Tony D saying something to the effect that he and others in the company could not understand why the SP got to $2.34 in the past, and his tone suggested that the company did not want the SP at that level. The SP feels as though it is being artificially suppressed somehow, and its current level does not make sense considering all the news that has come out about potential future revenue.
My fear is that if a takeover/offer/ deal comes through before our SP exceeds $2.34 (ie the ATH), then the offer will be below this level. The big boys will still all make their money, whereas the rest of us will get shafted at that price. Ive seen it happen before on the ASX.
I hope this isn't the case and hope our SP is North of $2.34 before an offer comes in.
ai-infra-summit.com
