"BRN has already been a multi-billion dollar company. The riches have been and gone"
Buddy if BRN has already been a multi billion $ company pre commercialisation based on potential, personnel and patents alone then the future will be amazing.
The riches haven't even began - to correct your statement.
A few things lined up Dec 21, Jan 22 and they included new patent, new partnerships and Mercedes releasing media mentioning BRN. Then the inclusion into asx200.
I call that a glimpse.
The SP rose organically from there. Many took profits knowing $2+ was detached from a pre revenue business. I banked $450k and have rode the remainder 1.3M shares back down but bought at 6.5 cents so am far from a loss.
Remember AKD 2 & 1500 are designed and built
from customer feedback. Akida 1000 was about proof of concept, feeding industry the fact that neuromorphic computing is real and bagged 2 customers.
Now the 2 customers aren't minnows and are exactly the clientele I hoped we would attract.
Theres over 25 known transparent partners out there currently testing, designing systems and preparing for this next gen tech, the real number of partners would be higher due to first mover advantage some would hold highly.
There will be new contracts.
$2.35 will be eclipsed.
Akida is being built into major university programs, doesn't sound like a minimal or fleeting thing to achieve. Circle of neuromorphic life will continue to cycle as neuromorphic engineers need jobs, develop new things, updates to university learning and so on.
Im in my 40s and am in no rush to see returns.
Watch the ARM IPO, never know what might happen there.
If BRN falls out of the ASX200 which I think will happen then it just meant that the buzz and over zealous frenzy of early 2022 was premature.
It will enter again but hopefully due to sustained financials and revenue growth.
Once the fundamental analysis matches up to market cap, BRN will become a take over target. Exciting times ahead.
All this shorting BS is just short term blip on a long term chart. Shorters never know what tomorrow holds and must pump their negative views daily so the downward momentum isn't lost. It's just gambling in my view and many lose money.
When 140 million shorts get called in then the launch pad returns.
I do luv a good pre open announcement. The best one here (I've posted about before) was 46% gap up.
Wonder what that does to the small accounts of retail shorters to have price go against you that much. Kaput.
Take a step back, when you zoom out things look bright.
I couldn't care less what the SP is tomorrow.
Ask me in 2025.
(20min delay)