Despite the SP falling over the last year, there have been many examples of de-risking IMO.
Intel Foundries is one such example. Why would Intel who are desperately trying to get their Loihi 2 to market, accept Akida as an option to Intel's clients?
ARM is another example. They have announced that Akida can be offered in their Cortex M85 chip if desired by clients.
Teksun have been quoted:
That comment by Teksun's CEO is gold. There are other examples but you get the drift.
Each individual example is encouraging. The sum total is de-risking. So, if you had been a shorter and you are doing your homework, it would make sense to take some profits at least. Others who have been watching from the sidelines but understand BRN's disruptive potential, are most probably getting a degree of FOMO.
And of course many believe that with the AGM tomorrow (and the SP decline) there may be a welcome announcement very soon - although I don't believe this.
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39 | 2156074 | 0.190 |
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54 | 1788124 | 0.180 |
Price($) | Vol. | No. |
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0.210 | 653969 | 10 |
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