Some reassurance for BRN investors. This is what Kerr Neilson (founder of Platinum Asset Management) said in a Livewire interview with Alex Cowie in answer to the question: What else in terms of technology or other areas excite you
"
Artificial intelligence is a complete game-changer. This will absolutely revolutionise shopping, our day-to-day involvement with any query. It's very deep-reaching, and I think it's even more significant than the mobile phone network.
We'll see it creep up on us, and as it does, the demand for wafers, chips and chip-making equipment could have much longer duration than the typical cycle. There are a whole lot of implications here. That's why we can't get too miserable because we can see why the markets can have a bit of a rough time here, but this stuff is going to happen. It's not a question of economic downturns damaging investing in this area. Those who are in it have to invest to either get ahead or stay ahead, so it's not a choice they have where they can say, "oh, well, I'll just defer."
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25.5¢ |
Change
0.020(8.51%) |
Mkt cap ! $500.4M |
Open | High | Low | Value | Volume |
22.5¢ | 27.5¢ | 22.0¢ | $8.399M | 33.52M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 338805 | 25.5¢ |
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Price($) | Vol. | No. |
---|---|---|
26.0¢ | 10000 | 1 |
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No. | Vol. | Price($) |
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6 | 338805 | 0.255 |
15 | 429045 | 0.250 |
13 | 731308 | 0.245 |
9 | 88244 | 0.240 |
6 | 93087 | 0.235 |
Price($) | Vol. | No. |
---|---|---|
0.260 | 10000 | 1 |
0.265 | 231580 | 5 |
0.270 | 636408 | 10 |
0.275 | 501185 | 11 |
0.280 | 1156121 | 31 |
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