No ASX small cap miner has ever transformed into a successful tech stock.
The CEO of Atlassian recently said that an ASX listing is the last resort for tech companies. It usually means they have been turned down by all other potential investors.
IMO BRN is just one worthless 2008 patent and lot of hype. M1 and M2 could have been achieved as early as 2011. M3 could be due to be the technology of the Inilabs camera rather than the Brainchip.
My prediction is that BRN will be suspended within 12-18 months.
Good Luck. DYOR.
share price, page-21
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $352.6M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 17.5¢ | $885.1K | 4.882M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 147118 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 812548 | 19 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |