Chart, page-947

We have to understand that what we are doing here is backing race horses

It's always possible that the favorite might hit a pot hole, the Race is fixed etc.
But, based on the form guide (fundamentals + TA ) BRN looks like a winner.

Like all blue sky stocks initial valuations will always be based on valuing the potential of the intellectual property not the earnings.
But, this can go on for a long time (look at Tesla, Twitter, and countless other NASDAQ stocks).

You also have to factor in the possibility a BIG player just throws silly money at acquiring BRN.

Negatives
To put some balance into the equation...
1. Technology might be world beating, but where many tech stocks fail is on the commercials, brilliant scientists, ratshit business people.
2. NVIDIA, IBM, INTEL have their own offerings nearing market. Who would you back to manufacture and market new tech - BRN or them?
3. The money is less in selling chips, more in selling completed Edge based solutions. How good will be BRN be at identifying, developing and commercialising those?

Thing is, every stock on the ASX faces exactly the same competitive challenges, it's about identifying the one with the most ducks in a row.
This one has been under the radar for a long time, because...
1. Not many people understood what they were working on.
2. Too many stocks to keep track of (>2,200 on ASX alone).

So, I am thinking we are really only playing valuation catch-up.
If BRN was in Silicon Valley - it would be well over $5.00 with funds throwing money at it IMO

Nice to see it up at 35 cents after wallowing at 5 cents - but, IMO that's nothing.

This is the first serious technology stock listed on the ASX for years (if ever).

The thing holding this stock back is [ IGNORANCE - "what the hell is AI and a Chip?" ] + [TRADERS "I see a profit, SELL!!!!" ]





IMO
DYOR