Possibly but we only have a choice of three colours red, black or green. Every morning before open I ask myself has any thing changed I should concern myself with about the fundamentals. If I answer no then I become colour blind for the day. LOL
Last year 2021 Pitt Street Research put a $1.50 fair value on BRN and since that report we have had nothing but solid news about needing larger premises, hiring outstanding key personnel, signing MegaChips, AKD1000 better than expected, three commercial products in the market, Mercedes Benz validation, a $900 thousand increase in the 4C and enough cash for a couple of years, insatiable demand, explosive sales growth, US Airforce funded research, West Australian Chief Scientist validation and Government grants, and Peter van der Made announced as innovator of the year and a few other things so it is fair to say that fair value is some number north of $1.50. Institutional buyers from around the globe are certainly buying at this level.
My personal opinion is that all these positives are winding the spring tighter and a sexy announcement something like NASA, Ford, Valeo will blow the face of the Brainchip watch regardless of what is happening generally on the ASX.
My opinion only DYOR
FF
AKIDA BALLISTA