Brainchip is a very cheap share if just a couple of the partnerships take off which they appear to be very positive. I don't think these partners are wasting their time.
the usd vs AUD is another factor making brn a very cheap share. I think if management can get partners to commercialize in part before the transfer there will be a pretty large sugar hit to the share price on conversion as investors that wouldn't consider buying under the current structure now have easy access.
i am looking forward to see how the year plays out. Ideally there is growth this year that means we are moving across above 80cents but stuff needs to land. It is very positive outside of the share price and if it was a private company without the noise of share price movements there has been a lot to like. The fact we sold 100k of Akida 1500 for testing in December on what could be a solid licence and royalty deal in the short term is just one of many that is looking like pushing us back towards 80c in the next 6 months.
BRN Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held
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