I see we are back to hanging on LDN's every word as though he were historically some kind of credible predictor of future revenues (as a rule of thumb divide his forecasts by 100). He has to keep the idea of IP revenues alive, as they have for 2 or 3 years now, as a carrot to dangle before investors ahead of the next CR. That said I would be suprised if we don't get something in that area this year, indeed if we don't it will be a disaster. My best guess would be $1-2 million, but it looks as though expenditure may rise by more than this. While revenues from chip sales are some way off (even a moderate cynic might surmise that the only way any company fronted by LDN is ever going to achieve the millions of chip sales required for profitability is by opening a chain of downmarket seafood resteraunts)
Nevertheless, on the first sign of any external validation/revenue flows I expect the price to spike sharply. Another of my AI investments a company called IQAI spiked 15 times after revenues started to come (from a low base and it was always a terrible company but it had AI in the name, and the CEO supplied the cash himself when a CLN was required (converting at a fixed price around the then current SP) BRN obviously won't manage that kind of increase, but I wouldn't rule out 15-20c.
Also Brainchip Studio was "much too expensive", that kind of revelation is sadly redolent of a company culture of amatuerism. It really should have been picked up at the time
Still things are looking up, if only we can get away without a sizeable CLN as part of the next CR. Noothing casts a pall over future prospects quite as eloquently as a company with cutting edge technology using a CLN.
- Forums
- ASX - By Stock
- Ann: Response to ASX's Price Query
I see we are back to hanging on LDN's every word as though he...
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRN (ASX) to my watchlist
(20min delay)
|
|||||
Last
21.8¢ |
Change
0.003(1.16%) |
Mkt cap ! $403.6M |
Open | High | Low | Value | Volume |
21.5¢ | 23.0¢ | 21.3¢ | $1.229M | 5.592M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
56 | 961323 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 688633 | 28 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
55 | 967524 | 0.215 |
40 | 2041404 | 0.210 |
38 | 2068902 | 0.205 |
84 | 1152145 | 0.200 |
23 | 705582 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 675374 | 29 |
0.225 | 411539 | 12 |
0.230 | 597339 | 27 |
0.235 | 587579 | 12 |
0.240 | 380593 | 10 |
Last trade - 15.52pm 18/06/2024 (20 minute delay) ? |
|
|||||
Last
22.0¢ |
  |
Change
0.003 ( 4.61 %) |
|||
Open | High | Low | Volume | ||
21.5¢ | 23.0¢ | 21.0¢ | 3779068 | ||
Last updated 15.59pm 18/06/2024 ? |
Featured News
BRN (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online