There was that car on a racetrack demonstration which showed rapid self learning capabilities back in the SNAP64(?) days...
To me that was significantly more impressive than checkers.
Then there was the vehicle counting demonstration (a real life potential use case).
The technology has potential and the multiple NDAs suggest that I and some other shareholders, are not the only people who are convinced about this enough to bet money on it.
What is disappointing is the company grossly underestimated the procurement processes of the clients they were targeting as well as unfortunately timed project delays due to matters outside their control. Together, this has resulted in their funds running low.
The company's revenue now depends on those NDA partners being successful. Given that those NDAs are likely to be related to high end tech, they may take a significant amount of time to develop and bring their products to market (my guess is 4-5 years from signing NDA for serious tech) and start paying Brainchip for chips/IP. This might be problematic for Brainchip cash reserves.
- Forums
- ASX - By Stock
- BRN
- Ann: BRN Responds to Shareholder REM Report Concerns
Ann: BRN Responds to Shareholder REM Report Concerns, page-52
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRN (ASX) to my watchlist
|
|||||
Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $333.6M |
Open | High | Low | Value | Volume |
17.0¢ | 18.0¢ | 16.8¢ | $1.713M | 9.977M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 308539 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 1292113 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 308539 | 0.170 |
55 | 2453298 | 0.165 |
107 | 2588883 | 0.160 |
31 | 995930 | 0.155 |
99 | 2604716 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 1292113 | 14 |
0.180 | 1422564 | 19 |
0.185 | 867617 | 29 |
0.190 | 843138 | 14 |
0.195 | 762929 | 10 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
BRN (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online