It’s fine to keep spending when results are actually being delivered
But let’s just remember the CEO’s own words from the investor podcast Q1 2023
“I’ve made a lot of changes since I’ve been here” and we now have “world class sales coverage around the world” and “I’m confident we’re doing the right things to deliver revenue”
Yet no sales & no revenue timelines, and at least two sales execs exited after only 12 months each (from supposedly a world class team) and its swept under the carpet
The CEO said straight after he joined BRN “we have a big advantage with our technology” ..”our tech is really unique in the market”…”nothing like it & nothing else comes close”
Yet despite all this & his term of 2+ years now he’s been unable to sell the tech and generate meaningful revenue
So IMO shareholders (like me) are fully justified in questioning the CEO’s performance & also overheads expenditure
All my opinion DYOR
- Forums
- ASX - By Stock
- BRN
- 2024 BrainChip Discussion
2024 BrainChip Discussion, page-1052
-
- There are more pages in this discussion • 6,522 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRN (ASX) to my watchlist
|
|||||
Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $343.3M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 18.0¢ | $1.498M | 8.098M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
100 | 2840830 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 59029 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 27640 | 0.200 |
2 | 11282 | 0.190 |
5 | 209715 | 0.185 |
69 | 2030799 | 0.180 |
32 | 714169 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 2200 | 3 |
0.185 | 56190 | 7 |
0.190 | 1426157 | 19 |
0.195 | 1117207 | 16 |
0.200 | 1705903 | 29 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
Featured News
BRN (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online