One of the biggest defence and aerospace contractors in the world is revealed as a partner and the SP is dropping like a stone. Can anyone suggest anything other than manipulation?
I'd suggest that the market has had enough of Brainchip "revealing" partners through unofficial channels, with no real substance behind what being a partner means....How many partners do we have already that have resulted in zero revenue... yes that's right the majority of them!
This new "partnership" is clearly not material, since it is not worthy of an ASX announcement.
The market is waiting for real news, eg an announcement via the ASX that results in significant revenue. Until that happens it's all smoke and mirrors and the usual dot joining as shareholders are exasperated. It doesn't matter how many partners we have, we need real contracts with significant $$$ attached and with recognisable companies.