BRN 0.00% 23.0¢ brainchip holdings ltd

Ann: Volume Production of Akida AI Processor Begins, page-548

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  1. 9,808 Posts.
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    I do have a long term view on BRN.

    But I do also like to add my 2 cents in terms of short term movements and general thoughts on what is driving the SP.

    I said yesterday that the announcement lacked certainty in terms of customers and dollars and cents, and that this would weigh on the bigger insto's who won't engage in significant buying without more certainty.

    Called today as red with a closing price around 58. From there I think we will drift in the mid to low 50's until customer signings are announced.

    Before yesterday I had a buy order at 50 which never filled and I'm now considering whether I bump this up to 54/55 or leave it where it is.

    At the moment it's all about timing in terms of purchasing before any customer deals are made public.
 
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