if the share price was 3c to 5c then I would be far more concerned about that.
but BUR is trading at less than 1c and only just above before the news of its new direction.
so currently @ 0.008c IMO there really is not much if any premium being paid for such new direction.
I still cannot believe that this new direction into nano satellites has only just come out.
and yes, it amazes me how @Freehold gets on to these stocks right at the beginning hence!
but for me, happy that I'm here at the right time and right place
IMO, seems many more eventually will awaken to this new direction that BUR is now taking.
and I for once really like it as if things get tough globally then Health & Technology can be defensive!
agree fully that there is way more info still to come to hand to assist punters in making decisions before making an entry but do realise, the more you get to know, the more you will pay for an entry, which simply means that current share price IMO wont remain below 1c waiting for punters for the stock to de risk itself.
happy to read more on this stock, happy to hold, happy to keep adding before the rest of the herd turn up to create another insane frenzy which usually can happen with shells and new direction.
and any consolidation concerns for me at this stage below 1c are presently trivial due to the need for more information to come to hand, which in turn should also value ad with each known concern. IMO.
BUR Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held