BRN 6.00% 26.5¢ brainchip holdings ltd

Competitive landscape, page-3540

  1. 2,684 Posts.
    lightbulb Created with Sketch. 739

    The competition continues to increase.

    Will BRN be able to generate enough earnings to justify its $840,000,000 market cap? Given it currently generates no meaningful revenue and operates in a very competitive sector, it will not be easy. In my view, the BRN share price has been inflated as a result of naïve retail investors blindly believing all the frenzied ramping on social media and stock market forums that this is an almost guaranteed ticket to untold wealth.

    Here is BRN competitor SynSense. You will notice those willing to fund them have quite a different modus operandi from those who have been willing to fund BRN up to this point. Why do people think this is the case?

    https://www.synsense.ai/synsense-closes-strategic-round-to-accelerate-the-development-of-their-high-speed-3d-neuromorphic-processor-dynap-cnn2/
    https://hotcopper.com.au/data/attachments/5169/5169886-4fc9b6a57aaeb503fddf8e1b749844cb.jpg
    https://hotcopper.com.au/data/attachments/5169/5169889-ef4d302768fae45eb8176465dbf89563.jpg



 
watchlist Created with Sketch. Add BRN (ASX) to my watchlist
(20min delay)
Last
26.5¢
Change
0.015(6.00%)
Mkt cap ! $491.8M
Open High Low Value Volume
25.5¢ 27.0¢ 25.0¢ $1.902M 7.353M

Buyers (Bids)

No. Vol. Price($)
2 55878 26.5¢
 

Sellers (Offers)

Price($) Vol. No.
27.0¢ 1088070 17
View Market Depth
Last trade - 16.10pm 23/05/2024 (20 minute delay) ?
Last
26.5¢
  Change
0.015 ( 4.29 %)
Open High Low Volume
26.0¢ 27.0¢ 25.0¢ 3815777
Last updated 15.59pm 23/05/2024 ?
BRN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.