Thanks FF,
You are the Rock of Gibraltar.
Why do you recon US and EU trading volume so low on BRN?
And what will it take for the world markets to awaken to our stock?
Do you think Company Revenue the main catalyst that's missing ATM?
Given that even when BRN.ASX were trading 200m per day in January these markets had a trading peak around 100k p/d
I don’t know that I am qualified to answer your specific questions as to any micro issues that might apply to Brainchip US & EU trading.
What I do know is that in the EU including the UK things are pretty tough economically speaking.
Here is one real world example.
My son and daughter-in-law are in the UK. They are very well off by UK standards. They have started to economise on their use of electricity because according to them it has become ridiculously expensive. They are both financially savvy and cautious with their spending.
A work colleague of my daughter-in-law has upgraded her power supply and can now monitor her power useage in real-time.
The Monday before Christmas she elected to work from home and her seven hours of work time cost her £UK18.00. This included her computer, heating, electric light and preparing her lunch and making tea. She was shocked at the cost.
If you extrapolate that as an hourly rate for twelve months this would get to close to £UK20 thousand simply for electricity.
Of course this is not a completely accurate way to work the numbers as it does not account for sleeping and different seasons when heating is not required or when she is at the office however it does point to the financial pressures playing out across the UK and EU as a result of supply disruptions.
Suffice to say things are very difficult for many people there and investing in the share market is unlikely to be a high priority for their disposable income when and if they have a surplus.
In such environments people tend to save on a just in case basis. In my son’s case he is heavy on cash and standing back from the markets even though he can afford to do otherwise.
The publicly available news coming out of the US paints a similar picture with lay offs and cost of living increases.
The US tech sector has lost almost 50% of its market value over 2022 so once again with rising interest rates and these pressures I would not think investing in the market is a high priority for many if not most.
I have been saying it for months and months Australia is proving once again that it still holds the title of the miracle economy.
We have close to full employment and a raw materials based economy that is able to exploit the circumstances facing the EU, UK and the US.
Even China is coming around again.
My point being it is incorrect to look at Brainchip in isolation and ask why isn’t it attracting investors in the EU, UK and US in larger numbers when there are these other economic headwinds pushing back against every sector of these economies.
Brainchip does not exist in a vacuum and if as is the case Intel, Amazon, Google, Tesla, Nvidia are being blown about by these headwinds it is logical that Brainchip will be as well.
Though some are finding interest rates and power prices here difficult compared with their counterparts in UK,EU and the US it is nowhere near as bad here as it is there.
As for the income question all companies must eventually become profitable but in reality high growth successful companies can take years to achieve this situation because income is constantly funding growth.
Tesla is an example of how this works. It is also an example of how investors understand that with the right companies a fixation on showing a profit is not the correct way to look at the investment value.
Brainchip technology is about adoption. Once adopted it then involves a three year product development cycle.
We are about to see with Renesas and Socionext that development cycle play out and products come to market.
This bringing of product to market will educate investors as to the three year cycle and the value of signing a major tech engagement today or twelve months ago.
Signing with Valeo, ARM and Edge Impulse and MegaChips will then have confirmed future value creation made real.
Investors will start to accept the three years as a standard time frame.
Manipulators will loose the ability to claim deals have gone nowhere because nothing has happened.
As long as Brainchip keep signing up the Intels, the SiFives the Prophesees of the tech world the clearer it will become that it is accumulating deep future intrinsic value.
The release of real product will also rerate the value of future technology developments such as the AKIDA 500, 1500 and 2000.
The ‘WOW’ factor will start to come into play and no one will have time for WANCAs saying things like “if it really works” the Perth Innovation Centre will have ‘full street cred’ and doubters will have no free air in which to ply their trade.
My opinion only DYOR
FF
AKIDA BALLISTA
& traveling my helicopter
