2022 BRN Discussion, page-10014

"Dear AllBrainchip is now heavy undervalued. Possibel clients are evaluating andtesting out. But do not decide now. Because of War situation , All whats new and is not a must ispostphoned for later. And some use of Brainchip Technology is top secret.If there is no must- Do not sell. Wait or BuyMy advice from Switzerland"

Undervalued?

To my mind, there is absolutely nothing remarkable or surprising at all about the recent price drop. If anything, I believe strong arguments could be made it is still grossly overvalued.

This is a company with a market cap of approximately $1 billion with little to no meaningful revenue and which operates in a ferociously competitive sector.

What IS remarkable is how BRN managed to achieve its current share price in the first place, let alone rise to over $2 at one point.

In my view the price rise was driven largely by vulnerable and gullible retail holders falling for the wild speculation posted by rampers on BrainChip Facebook groups, reddit, stockmarket forums, Telegram groups, LinkedIn, Twitter etc and believing this is their ticket to untold wealth.