I am working on the assumption that...
- I think BRN was clipped around the ears after the Mercedes announcement rocketed the share price. So, they've become more circumspect about announcements.
- Yes, boring to mention it again, but they are constrained by NDA's. Pointless saying "they can't use that excuse forever." They don't have a choice.
- Tech takes time to develop. Particularly cutting edge new technologies. And neuromorphic works differently - is taking a while for engineers to get their heads-around it enough to be productive.
- Reading the tea-leaves (acknowledging the lack of rigor), I believe BRN are not worried about the share price. I base this on observing they aren't making frivolous ASX announcements (where other stocks seem to spray them willy-nilly announcing everything from a new photocopier to Merry Christmas). BRN seem focused on promoting their technology to customers and helping them get license-able product into the market.
I am hoping this means the proof of the pudding will be in the eating.
I am also hoping that means - not long now.
But, reading leaves isn't everyone's cup of tea.
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