BRN brainchip holdings ltd

Manny look at the booking figures they expect is 38 million usd...

  1. 2,065 Posts.
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    Manny look at the booking figures they expect is 38 million usd in next three years, that includes all sales of chips, new chips, ip sales etc.
    That figure does not bode well with your enthusiasm. Even worse there is no time frame provided to be financially break even.
    saying that it may change for good or bad but from management commentary there is nothing to be very enthusiastic. PVDM told the holders it takes NVIDIA 30 years to become NVIDIA. So whole idea is as per management akida1000 was almost a failed project and the future looks just competitive enough to navigate ahead. So yes technology wise we are 1st neurophonic but sale wise we are still in deep red.
    And again if you are forgetting we have to raise another 12 millon AUD through LDA before 30th June to fulfil the condition of LDA.
    So yes AGM goes through well but we are still not out of red. Especially if we listen to management targets.
    dyor

 
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