BRN 2.17% 23.5¢ brainchip holdings ltd

There is a very simple explanation why BRN has not had takeover...

  1. 5,669 Posts.
    lightbulb Created with Sketch. 2485
    There is a very simple explanation why BRN has not had takeover offers.
    AI at the Edge is expected to grow exponentially once it gets moving out of the starting blocks. It has just started moving but has not gained traction as yet and hence no or little revenue.
    BRN as a result has a spec element to it.
    Big players will not make a move until they know its a sure thing and they need to get on the fast moving express.
    AI at the Edge is a new industry segment and AKIDA will have little use to those heavily invested in the old traditional cloud businesses.
    So for holders BRN is set up with Gen2 just waiting for AI at the Edge to take off as predicted.
    I can understand frustration but it will happen.
    As an aside AI will not kill off the cloud ( not soon anyway) as some data will be more suited to a cloud environment. The AI at the Edge and the cloud will be so huge combined all big players in each segment will make huge $$.
    We are just waiting patiently for the $ to arrive.
 
watchlist Created with Sketch. Add BRN (ASX) to my watchlist
(20min delay)
Last
23.5¢
Change
0.005(2.17%)
Mkt cap ! $461.1M
Open High Low Value Volume
23.5¢ 24.5¢ 23.0¢ $1.912M 8.083M

Buyers (Bids)

No. Vol. Price($)
16 620903 23.5¢
 

Sellers (Offers)

Price($) Vol. No.
24.0¢ 966723 20
View Market Depth
Last trade - 16.10pm 18/10/2024 (20 minute delay) ?
BRN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.