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24.5¢ brainchip holdings ltd

2023 BrainChip Discussion, page-38

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Jase71

2,394 Posts.

508

04/01/23

13:39

Post #: 65526024
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Originally posted by ceviche: ↑

The reason the share price doubled just under a year ago was due to ill-informed investors believing Mercedes was putting Akida into production when it only had a concept car on display. It crashed back to earth soon after.
Other than that it has declined from around $0.9 to what it is now which is:
POTENTIAL from yet-to-be-confirmed deals for IP.
On the other hand, Mercedes know how to make a car with Akida in it to save electricity, and that is important for the distance traveled between recharging.
So we may reasonably expect something in the works for their production vehicles this year.
Mercedes are under no obligation to say whether or not they are using Akida, nor from what we know is anyone else.
The only indicator that matters will be REVENUE from IP.
Typically the market may provide some markup for revenue from evolving unicorns.
It will take some time for BRN to get there given its present MC.
What will matter most is the rate of increase in revenue.
It IMO remains a long haul.
DYOR.

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agreed, the upcoming quarterly will hopefully reflect what BRN management stated after the oct qtr statement.

BRN Price at posting: 77.5¢ Sentiment: Hold Disclosure: Held
6 Upvote

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(20min delay)
Last 24.5¢		Change -0.010(3.92%)		Mkt cap ! $463.9M

Open	High	Low	Value	Volume
26.0¢	26.0¢	24.3¢	$1.768M	7.112M

Buyers (Bids)

No.	Vol.	Price($)
20	111358	24.5¢

Sellers (Offers)

Price($)	Vol.	No.
25.0¢	1880309	27

View Market Depth

No.	Vol.	Price($)
12	73774	0.245
57	1705272	0.240
26	1048633	0.235
32	804074	0.230
19	696936	0.225

Price($)	Vol.	No.
0.250	1883348	27
0.255	965371	18
0.260	837202	33
0.265	785632	18
0.270	1655725	31

Last trade - 13.09pm 04/06/2024 (20 minute delay)


Last 24.5¢			Change -0.010 ( 4.26 %)
Open	High		Low	Volume
25.5¢	25.8¢		24.3¢	3406361
Last updated 13.34pm 04/06/2024 ?

BRN (ASX) Chart