Akida is progressing well and we can all see light at the end of...

Akida is progressing well and we can all see light at the end of the tunnel. So why is the share price heading south? To say that it is simply because there is a credit raise is too simple an answer.

IMO most people now have confidence in BrainChip's future, and therefore want to participate in the capital raise, but a lot of holders don't have the ready cash to participate. The logical solution is to sell some of their existing shares at a premium to the CR thus giving them the funds to to fully participate at the 6 cents a share and make a tidy profit in the exchange.

My prediction is that once the CR is complete, the smart money will be moving back into BrainChip as Akida approaches production phase and the share price will continue an upward trend as excitement builds in this amazing technology. DYOR