Plus we now know they are putting our IP into a consumer product....,.my guess is it's a refrigerator but that would depend on Renesas being a supplier to Samsung I guess?
Brners it's starting to happen and get ready for a stream of good news for the rest of this year followed by an explosion of success in 2022.
We are 3yrs ahead and the demand is here now and will ramp up quickly......we are in an enviable position to say the least.
The recent weakness is only technical and could be linked to LDA wanting a lower SP ahead of BRN excercising more put options to top up the coffers maybe one last time ahead of revenue due in 1-2yrs as PVDM has advised.
Look back exactly 12mths ago.....SP weakness then LDA deal then great Ann's followed by skyrocketing SP.
This pattern may well repeat to some extent post the delivery of chips due late August which will lead to a saturation of players understanding the acute advantages and capabilities of our technology especially the on chip/one shot learning.
Just my speculation of course but the set up is feeling very familiar.
DYOR GLTAH
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