I have been wrong it’s what we do when that happens that counts. I bought in too high initially and I did not buy enough when it was on its knees at 4 cents.
My two price predictions the first at 50 cents was based on what I calculated the company’s patents and potential should be valued at which was about $AU750 million.
My $1.00 values the company around the $1.7 billion and for me at this valuation we have a company that has secured its future with guaranteed cash flow that will create profit.
In other words a sustained $AU1.00 plus share price means my investment is de-risked as Brainchip has become a going concern.
On everything that has been officially stated by the company coming to pass this most likely will be far too conservative but it’s value as an indicator of a de-risked company that I can start to relax about will in my opinion hold true.
I agree therefore with your analysis but wait for my $AU1.00 plus so I can proudly tell my family and friends about my investment in Brainchip. (and buy my watch.)
My opinion only DYOR FF
AKIDA BALLISTA
BRN Price at posting:
49.0¢ Sentiment: Hold Disclosure: Held
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