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2.44% 20.0¢ brainchip holdings ltd

BrainChip - Continuing concerns about continuous disclosure, page-848

  1. shareman
    2,684 Posts.
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    06/02/22
    18:48
    Post #: 59391479
    It is incredible how often posters here rely on the old "X also started off just like BrainChip with everyone doubting it and look at it now" argument to validate their unwavering belief in BRN. (X = any massively successful tech/chip company).

    What you are forgetting is that for every one X, there would be 100's if not 1000's of other companies in which shareholders/founders were just as convinced was going to be the next big thing (just like you are with BRN), which ended up failing never to be heard of again.

    Can BRN end up being very successful? Of course. However, I would suggest this is still a very risky play and BRN has its work cut out for it.

    Unfortunately, history and probability say there is a not insignificant chance BRN will fail and join the many companies in the tech startup graveyard…
    Last edited by shareman: 06/02/22
    BRN Price at posting: $1.74 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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