Where to from here?, page-1061

https://static1.squarespace.com/static/5af533a312b13fb602fe7d7b/t/5cdbc6c824a694a8e46b5713/1557907167761/BrainChip+initiating+coverage+15+05+19.pdf
Weekend reading for anyone interested, new to this area. From May this year, forecast still on track.

"Looking at where Akida currently is in its development/commercialization process, we are of
the opinion that BRN’s share price does not accurately reflect the company’s commercial
potential described above. In our view, the company’s valuation could move towards levels seen
for comparable companies, such as Nervana and Movidius that were acquired by Intel Corp
(NASDAQ:INTC), i.e. equivalent to A$ 0.43 per fully diluted BRN share. Similarly, we believe
AudioPixels’ (ASX:AKP) A$ 560M valuation, equivalent to A$ 0.44 per fully diluted BRN share,
also provides a gauge to BRN’s potential valuation, given where AKP is positioned in its
development process. In the near to medium term, though, we believe BRN will first need to
demonstrate commercial viability of the Akida NSoC by signing one or more commercial
agreements that involve integration of Akida and/or components of the Akida IP stack into
customers’ designs. "