Ann: Application for quotation of securities - BRN, page-14

I am working on the assumption that...

1. I think BRN was clipped around the ears after the Mercedes announcement rocketed the share price. So, they've become more circumspect about announcements.
2. Yes, boring to mention it again, but they are constrained by NDA's. Pointless saying "they can't use that excuse forever." They don't have a choice.
3. Tech takes time to develop. Particularly cutting edge new technologies. And neuromorphic works differently - is taking a while for engineers to get their heads-around it enough to be productive.
4. Reading the tea-leaves (acknowledging the lack of rigor), I believe BRN are not worried about the share price. I base this on observing they aren't making frivolous ASX announcements (where other stocks seem to spray them willy-nilly announcing everything from a new photocopier to Merry Christmas). BRN seem focused on promoting their technology to customers and helping them get license-able product into the market.

I am hoping this means the proof of the pudding will be in the eating.
I am also hoping that means - not long now.
But, reading leaves isn't everyone's cup of tea.