2020 BRN Discussion, page-974

Without a significant update that includes customers, BRN might drop to 3 cents ($40M MC)?

Still no significant customers to be seen? Close to zero revenue?
Another capital raising required soon? More dilution to come?
Previous capital raisings (15c? 18c? 6c?) that have not preserved investor value to date?
How low will the share price have to be at the next capital raising to entice investors again?
Look around, it's not a great time to go to the market for another capital raising, is it?
Sill no silicon samples? How can the hardware (Akida NSoC) be independently 100% verified?
High levels of risk, which now includes COVID-19?
A history of over-promising and under-(or never even)-delivering?
Can the market even trust BrainChip 100%?

1.3 billion shares? $60 million market capitalisation?

A $40M MC... with the market already factoring in 25% dilution... gives us a future $50M MC?

We'll see (Approval of 10% Placement Facility) at the upcoming AGM to allow them 25% dilution?
https://www.asx.com.au/documents/asx-compliance/annexure-f-new-gn-21.pdf

So... $40M MC... 1.3B shares... 40M / 1.3B = 3.1 cents?

We might see 3 cents if we don't see an announcement with customers attached to it soon?