BRN 0.00% 21.5¢ brainchip holdings ltd

Keen to hear posters thoughts and opinion on what they think the...

  1. 1,827 Posts.
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    Keen to hear posters thoughts and opinion on what they think the next Price Sensitive Announcement for Brainchip would be.

    The share price has been lagging for a while now, and AGM, while generated some ''full of confidence'' posts from the regular bullish fingers, failed to generate any significant confidence on the market which is evident on the share price.

    Cheap is getting cheaper.

    Not too long before the next quarterly has to be published.

    The cash balance is getting low.

    In my opinion, the next Potential Price Sensitive Announcement for BRN would be an LDA cash raise related one.

    BRN has a history of boosting their cash balance before quarterlies, so the numbers don't look too bad.

    If there is enough revenue in this quarter, we would not need it. But barring that, imo, they will have to, surely cannot drag this too long.

    https://hotcopper.com.au/data/attachments/6237/6237392-81a5c280cb84734bcd5ab6ae17cac1b5.jpg


    History could repeat here.

    Let us wait and see.

    What is your opinion on this? (Those who're waiting for a deal with Nanose and NASA can also comment )
 
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