BRN 2.59% 29.8¢ brainchip holdings ltd

The market has (apparently) got the value of BRN wrong, page-86

  1. 5,911 Posts.
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    When and IF

    The valuation in the Pitt Street report is by its nature conservative. Its based on IP value only.

    I cannot see BRN share price "recovering" and drifting-up to the Pitt Street valuation (what was it, a $1.60 or something?) on fresh-air.

    The catalyst for share price recovery will be a deal announced - some tech player deciding to apply Akida commercially and committing to a quantifiable and contracted amount.

    When (and some of you would say - "IF") that happens, the new valuation will be at least the IP value and then some.

    In my opinion when (and IF) a deal is announced, $1.60 (or whatever it was) will be a whistle stop on the way to a much higher share price.

    Could be wrong.
    Been wrong before; for example, I thought Port Power would get creamed by the Bull Dogs last Saturday.



 
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29.8¢
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29.0¢ 30.0¢ 27.0¢ $6.135M 21.49M

Buyers (Bids)

No. Vol. Price($)
19 1390385 29.5¢
 

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Price($) Vol. No.
30.0¢ 995095 20
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