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23.5¢ brainchip holdings ltd

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cheesepope

5,021 Posts.

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23/07/24

14:05

Post #: 74874090
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Originally posted by MarketingMan: ↑

While we are in wild speculation mode (to pass the time)...

What if:

They are having trouble kicking deals over the line because nobody is prepared to take the risk investing in a first to market new-technology from an unproven company (for example: safer to use inferior technology from an established technology provider than superior technology from a start-up. If things go tits-up you've got more chance of recovering from a big player like NVIDIA, IBM, INTEL, etc. and you won't lose your job for taking a punt).

So, one of their smaller customers has developed a winner (using Akida IP) but doesn't have the financial clout to bring it to market. BRN has decided to partner with them to make it happen - hence the cash-raise. If it is a game-changing technology that could really demonstrate the power of Akida then it would be a massive proof of concept and market validation. That would de-risk larger players adopting Akida.

How's that for pure speculation?

Or, it could just be a garden variety cash-raise to give them more runway.

Expand

And pigs fly lol

BRN Price at posting: 20.0¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 23.5¢		Change -0.020(7.84%)		Mkt cap ! $451.3M

Open	High	Low	Value	Volume
25.5¢	26.5¢	22.0¢	$3.626M	15.02M

Buyers (Bids)

No.	Vol.	Price($)
40	701720	23.0¢

Sellers (Offers)

Price($)	Vol.	No.
23.5¢	401975	31

View Market Depth

No.	Vol.	Price($)
40	651499	0.230
30	1337344	0.225
55	1854279	0.220
18	668610	0.215
20	566306	0.210

Price($)	Vol.	No.
0.235	408295	29
0.240	354374	18
0.245	589340	15
0.250	525748	15
0.255	434748	10

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