I watched the presentation.
I think Mo just said what he could say.
Naturally, everyone wants to know development timelines (including me). But I genuinely believe he doesn’t know and, if he did, he wouldn’t say anyway.
I do know from a few scant minutes of reading that the validation phase of chip development can be quite lengthy. The chip has to be tested rigorously to find and fix “bugs” before it goes into production. No use producing millions of chips only to have them fail or need to be recalled or replaced. That way lies disaster.
The most that could be dragged out of Mo was his “it’s not months” comment and I think that’s quite informative. I would say 1-2 years from now something might be ready for mass production and sales.
Having said that, I can’t believe that the SP will stay at this level until then. Other news will be released in the meantime that could well cause the SP to spike. It’s an exciting company to be invested in!
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Investor Briefing Oct23, page-53
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Last
43.0¢ |
Change
-0.015(3.37%) |
Mkt cap ! $109.5M |
Open | High | Low | Value | Volume |
44.5¢ | 45.5¢ | 43.0¢ | $136.7K | 312.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 39975 | 43.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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44.5¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 39975 | 0.430 |
4 | 86300 | 0.425 |
7 | 122107 | 0.420 |
1 | 7000 | 0.415 |
2 | 10200 | 0.410 |
Price($) | Vol. | No. |
---|---|---|
0.445 | 10000 | 1 |
0.450 | 43000 | 2 |
0.460 | 72499 | 3 |
0.465 | 11100 | 2 |
0.470 | 34998 | 3 |
Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
44.0¢ |
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Change
-0.015 ( 2.18 %) |
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Open | High | Low | Volume | ||
44.5¢ | 45.0¢ | 43.0¢ | 92791 | ||
Last updated 15.56pm 14/05/2024 ? |
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