I’m not going to place any science in my guestimation on the 2022 share price. I’ll simply use the stated estimation by Brainchip CEO Ken Scarince when asked during an investor podcast recently. HD was asked what his thoughts were on the current market cap. At the time I think it was around $600 - $700 million. He stated that if you were short on BRN you would get burned. He discussed some recent purchases of other tech stocks which were valued around $2b which he also qualified did not have as vast level of patents as BRN. He said this should give you a fair idea of what BRN fair value should be. He then went on to say he thought BRN could be valued at around a few billion (talking USD) in the next couple of years.
I think he spoke with confidence in that podcast. I also think he would be conservative given the context of the interview. Add to this Peter Van Der Mades statement recently that he expects an explosion in sales of Akida 1000 in 2022. Add to that the many phrases by Rob Telson - tip of the iceberg, don’t miss the bus, plenty of nuggets to come, enquiry has been insatiable etc. add to that Mercedes and ISL news. Add Megachips and Renesas (holy crap). I’m exhausted just trying to think of all the positives. Not one negative.
I think Ken Scarince valuation will be achieved this year. That would be a Disallowed on say $700 m. Give or take a few hundred million let’s call $7B or so. Arrrrrr to hell with that. I’ll just guess $5.25.
My opinion of course.
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Mkt cap ! $483.2M |
Open | High | Low | Value | Volume |
23.5¢ | 25.0¢ | 23.0¢ | $2.383M | 9.852M |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 338128 | 24.5¢ |
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Price($) | Vol. | No. |
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25.0¢ | 1301709 | 24 |
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12 | 188072 | 0.240 |
15 | 799510 | 0.235 |
15 | 904813 | 0.230 |
15 | 607966 | 0.225 |
Price($) | Vol. | No. |
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0.250 | 550751 | 12 |
0.255 | 808926 | 18 |
0.260 | 708908 | 18 |
0.265 | 321272 | 13 |
0.270 | 253135 | 11 |
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