BRN 2.22% 22.0¢ brainchip holdings ltd

Brainchip Interview Sept 2020 - Good Update, page-34

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    Well Lunatec’s post is the Top Top Rated post with at this point 248 likes and 72 great analysis bulbs so the CEO’s interview should be very well dispersed across HC by 10am.

    The announcement yesterday was an external vindication of BRN’s approach to SNN and buried any doubt that LeCun’s pronouncement spread through the tech world all those years ago.

    So having established that BRN’s approach is theoretically and scientifically viable the remaining question is has BRN been able to successfully produce AKD1000.

    Obviously the market will be looking for the security that an ASX announcement will bring but the presentation by the CEO has made it clear that a positive announcement that validation of AKD1000 has been successfully completed and boards have been shipped will be made shortly.

    It is a fact that many investors will not rate statements made by companies about particular aspects of a companies activities until those statements are made as ASX announcements approved by the Board.

    This being the case despite the strong performance yesterday the present price could well present as an opportunity until the formal ASX announcement regarding the successful validation of AKD1000 Is made.

    My opinion only DYOR.
 
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