Thanks for your excellent and detailed answer. I hadn’t...

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gastrader

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31/03/24

16:11

Post #: 73130443
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Originally posted by manny100: ↑

I think the answer is that while the traditional AI industry has taken off 'like a rocket,' the AI at the Edge Industry is still preparing to fly out of the starting block. When it takes off, it really will fly.
I'm not bothered by a lack of offer to buy out BRN right now
Why would anyone make an offer for a company in an industry still in the starting blocks.
While it's expected that the industry will be huge, why would you start a bidding war when you do not know when payback will start. A bidding war would likely land a huge price.
There would also be the obvious 'anti trust' implications. For example, if NVIDIA won a bidding war, it would create a monopoly of AI at the Edge. It simply would not be allowed. The US has anti trust laws and uses them to break up monopolies or prevent them.
In contrast, BRN obviously sells AKIDA to anyone who wants it.
If a genuine competitor/s for BRN emerges, then IMO we can expect mouth watering bids from large players who do not want to be left behind.
While our research tells us the AI at the Edge industry will fly and BRN has 1st mover advantage, the 'when will it take off' creates a spec element in the market.
We are an enabler in that we enable AI at the Edge. No one else can offer true AI at the Edge right now. The explains IMO why no one would be allowed to take it for sole use as part of their larger product offerings.

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Thanks for your excellent and detailed answer.

I hadn’t considered the implications of the anti-trust laws and monopoly situation fully. But my thinking was that the new owner of our IP could license it out themselves, but maintaining control over ‘who’ has access, not necessarily a true monopoly preventing access by competitors …. just having control.

Yes, a bidding war could become expensive, which is what we surely all want. For companies who want to bid to purchase our IP, perhaps the earlier they take control of the IP, the cheaper the winning bid will be. Taking into account the ‘speccy’ nature of this industry as it currently still stands. Once it is no longer speccy then the price goes up dramatically.

The question is ……. How confident the big players are about the transition to ‘the edge’ and when that will happen .

BRN Price at posting: 31.0¢ Sentiment: Hold Disclosure: Held
9 Upvote

0 Great analysis

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