Agreed that they have to deliver something sustainable this year, or Sean's 5-year plan starts looking like a failure.I don’t think you understand. It’s not about the share price being at 20 cents or $1.50.
It’s about progress.
Akida 1 was released in 2020, and Akida 2 has been out for over two years. It’s time for Brn to either manage to deliver results or step aside.
In my opinion, if Sean and Antonio can’t get results by the end of the year, they can get their last lot of allocated shares and move on.
But, getting a start-up off the ground isn't that easy, it takes time, as I outlined in a post yesterday.
What is it everyone is talking about, announcements on the ATX? Isn't that only when money is involved? Not when a new partner coming in?
I don't know if the AGM has damaged IR with the company, likely, shareholders are clearly getting tired of waiting, we thought 2024 was our year, but no it wasn't, the SP is suffering because of it.
The company overpromised, no doubt, and they should shoulder that, but they didn't.
If there is no progress before the next AGM, they better bring the US Marines or!!!
I still think Sean is the right guy as CEO all things considered, but his time is running out and so is my patience.