BRN 1.92% 26.5¢ brainchip holdings ltd

Great example of a success story. Easily picked up by an...

  1. 2,433 Posts.
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    Great example of a success story. Easily picked up by an upramper.

    Now let us check another example.

    https://hotcopper.com.au/data/attachments/6439/6439512-1d8e82c0624733f848609c0bc9674a21.jpg


    Dare I say there are more examples of companies going bust, either because mismanagement or lack of revenue than a handful of companies which did well.

    In this case, everything people invested vanished overnight.

    Back to ASX, there are a few examples like AVZ, MNS, LLL etc who are now suspended, with shareholders have no idea if they will ever see their money again. All these shares had cult like shareholders who are now suffering thanks to the suspension from trading.

    How long BRN would be able to keep milking the money via Capital Raising is the real question.

    Eventually they will need to show results in terms of revenue.
    Surely shareholders aren't stupid enough to keep this going forever... surely!

    BRN is a small cap stock trading at 15.5 cents.

    You bunch of buffoons are comparing it with NVIDIA lol
 
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