As many either just don't understand the "highly significant" agreement reached with MegaChips as with last years Renesas "highly significant" agreement it makes it hard for the market to place fair value on BRN, but when the revenue, royalties and engineering services fees start to kick in, that's when the understanding becomes a whole lot clearer, but what has changed ?
The market can see dollars and that means that they finally open up their eyes and see what's been staring them in the face the whole time...Tier 1 companies and all "their" customers equates to very substantial revenue for us whom play the long game.
Nice to see the ADR's performing on low volume early in their journey...65c to 80.5c AUD....
Once Ken can get a good hearing from major institutions in the US, the true value of Brainchip stock will become a lot clearer in my view, so the future is looking very solid indeed.
Tech
Ann: Megachips License Agreement, page-480
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Last
26.8¢ |
Change
0.003(0.94%) |
Mkt cap ! $491.8M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.5¢ | 26.5¢ | $821.9K | 3.059M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 600552 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 648506 | 31 |
View Market Depth
| Last trade - 12.02pm 16/05/2024 (20 minute delay) ? |
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Last
26.8¢ |
Change
0.003 ( 0.94 %) |
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| Open | High | Low | Volume | ||
| 27.5¢ | 27.5¢ | 26.5¢ | 1904263 | ||
| Last updated 12.22pm 16/05/2024 ? | |||||
| BRN (ASX) Chart |