I am bullish on ASX BRN for the following reasons:
- The company is developing a revolutionary new neuromorphic processor that has the potential to revolutionize the artificial intelligence (AI) industry.
- The company has a strong management team with a proven track record in the semiconductor industry.
- The company has a large and growing addressable market. Patented products in the AI market.
- The company is well-funded and has a strong balance sheet.(cash equivalents of $26.6 million, total assets of $31.3 million)
- The technical analysis for BRN looks good. The stock is currently trading in a consolidating pattern, which is a sign of strength.
- The stock has also broken out of a downtrend, which is another bullish sign. I believe that a strong uptrend is coming for BRN in the near future.
I am bullish on ASX BRN for the following reasons:The company is...
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 19.5¢ | $843.2K | 4.220M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 71948 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 644737 | 16 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |