BRN has legs and great tech...without a doubt...but a CR was always going to see it run back to CR level.
Don't listen to the rampers......look at the facts.
No meaningful revenue to date?....yes
Too many demos?...yes
Too many freebie pilots and evals?...yes
Marketing team not selling sheet....yep lets turf them. Announced.
Recurring revenue contracts required...yes indeed.
Lots of money in the bank now....our great positive. Not enough to bring on Akida....but enough to look good to companies we want to deal with. Akida will cost much more than 20 million.
Chuck a bit of revenue worth reading about in an Ann and de-risk a bit and the SP will fly.
Great tech....but "show us the money" and Mr Market will take this for a ride....anything less. Well we know what will happen. See you at 18 cents folks.
Neuromorphic computing market set to be worth $272.9 billion by 2022 scrutinized in new research, page-12
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $380.4M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.0¢ | 20.3¢ | $1.148M | 5.421M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 165683 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 10000 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |