BRN 13.7% 29.0¢ brainchip holdings ltd

2020 BRN Discussion, page-12316

  1. 693 Posts.
    lightbulb Created with Sketch. 263
    All true but zero fundamentals.
    Having VORAGO on board is of no financial benefit. Phase 1 trials mate! (Light years away from success).
    BRN FY statement was weak. (5 million loss), makes hardly any money.
    Still just an idea with a swollen base of Mum n Dad investors hoping for a quick buck.
    Salaries for predominantly executives! No R and D.
    Large dilution and another CR for next venture.
    This is just an idea mate.
    Theres no way it won’t drift down big time.
    Theres nothing to prop this up.
    It doesn’t even need my downramping words.

    How could anyone think this is worth 42 cents?

    Don’t blame me when this drifts sub 40 cents today, and is mid twenties and heading south in 2 weeks time. Smart people will jump off and take profits.

    WB
 
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