The net proceeds of the placement will be used to:
- fund ongoing research and development of its existing video analytics products and new AKIDA Processor product;
- fund operational capabilities, including capacity to service new contract wins; and
- fund sales and marketing initiatives to drive sales via OEMs, integrators and other partners.
To service new contract wins and R&D, marketing.
Placement at 18 cents. Where is 21 mil gonna be used..?
Also sharing Intel's NNP link. They got their own neural network processor so may not be involved in BRN.
https://newsroom.intel.com/editoria...technologies-advance-artificial-intelligence/
Speculations and assumptions till Tuesday
The net proceeds of the placement will be used to: fund ongoing...
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Last
23.0¢ |
Change
-0.025(9.80%) |
Mkt cap ! $451.3M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.5¢ | 22.0¢ | $3.918M | 16.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 658476 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 112520 | 8 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| BRN (ASX) Chart |