BRN 9.80% 23.0¢ brainchip holdings ltd

Ann: September Quarter Update, page-11

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  1. 4,309 Posts.
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    Nothing about the casinos, except to say the trial is complete. Maybe they are in commercial discussions to finalise the terms of the commercial agreement, but I don't think so. Otherwise they would have said it.

    I don't think the casino trial has resulted in a deal. Maybe I should add, yet.

    Disappointing unless more info comes in very soon. No update on this in the next 4C and its a nail in the coffin for me. Casinos was the big one for the near term in my book. They got a big kick when first announced. That's when I came in. If nothing happens in this area it might be when a lot also leave.

    BRN should make it clear where they stand on this matter. But like a lot of small companies trying to make it, they simply do not relay bad news to the shareholders. I get why they don't, because the SP gets caned. It is a factor to always take into account when dealing with this end of the market. This end simply has to exploit trust and transparency is a luxury. People complain about lack of transparency, but its a fact of life and better to just take note and if it happens to often, then move on.
 
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