2020 BRN Discussion, page-29032

My number is more than $1.00. I say this because when you look at the effect that the Renesas IP sale has had to date and the amazing release confirming that AKIDA can function at the far edge in a hand held device (independently verified by NaNose) it seems that the ASX investor is still wedded to the need for actual dollars in a bank account to take this further.

Now the announcement of a NASA application and or a NaNose product partnership will do the trick but my suspicion is that it will be overseas probably US investors who will drive the price on potential while the ASX will stand back listening to the likes of M.F. commentators who will continue along the how much are they banking line. The European investor is an unknown so while we definitely have German and Danish investors onboard I do not know how they will react to a commercial deal with Valeo a company which they would very much understand. Then of course we know from the few Indian posters that have made comment that Tata for them is important so once again a commercial deal with Tata might see a reaction that will drive the price.

So as Renesas IP income is the subject of an unconditional contract and as the real income from this sale is unlikely to start accruing in large amounts until late 2021 early 2022 absent any of the things occurring in the above paragraph it will be when this income starts to accrue that the ASX will start to respond and the share price will go past the $1.00 mark and at that point the further commercial deals will accelerate the process.

Thereafter where it ends up will be anyone's guess but Brainchip will be here to stay.

In saying this I have not in anyway shape or form given up on the probability that there will be announcements before the end of March and throughout the rest of the year about a whole range of new customer engagements but am looking at the worst view case if getting the ink to dry on the final contracts is more protracted in the current climate with the uncertainty around global chip production. Actually being worth more than $1.00 by years end would still be pretty nice so probably wrong to call it a worst view.

My opinion only DYOR and speculation.