Amusingly, Ray Foley from Simply Wall St wrote an article yesterday titled:
"Breakeven On The Horizon For BrainChip Holdings Limited (ASX:BRN)".
https://**.st/stocks/au/software/asx-brn/brainchip-holdings-shares/news/breakeven-on-the-horizon-for-brainchip-holdings-limited-asxbrn/
In the article he claims that:
"According to the industry analysts covering BRN, breakeven is near. They expect the company to post a final loss in 2018, before turning a profit of US$1.5m in 2019. Therefore, BRN is expected to breakeven roughly a few months from now."
Who are these "industry analysts covering BRN"?
And sure, a profit of US$1.5m in 2019 sounds great! However, I'll believe it when I see it.
Cash On Hand, page-8
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