So 5 months have passed and the share price depreciated around 40% since the misinformation, manipulation and agenda started.
This isn’t supposed to be an attempt downramping the company. But it shows that ignoring actual facts, believing in hollow statements over and over and not shaping an own opinion over time creates improper expectations.
Back then when I turned into someone critical, hence pure evil in this forum logical thinking lead to the fact that a cap raise might be incoming. Something that Sean months later even acknowledged in an interview. Or in other words misinformation that turned out to be correct. Your expectations were revenue and growth.
Now the only way preventing this scenario would be a payment in the 10s of millions out of nowhere. Renesas or megachips selling big time out of nowhere. Something that I hope for with everything I got. Otherwise it’ll be to late and we will hit lows due to some form of funding diluting the worth of the company even more.
Let’s hope the second gen turns op the pace.
Just so you know. BRN has amended the LDA agreements before. They could push the finance over to next year increase the allotment and when the price is more favourable do the raise. LDA make 8.5 percent on funds raised so the higher the price the better for all. As for the SP yeah its low likely IMO below value of what BRN is worth strictly my opinion not financial advise.
Has the companies chances of success improved absolutely. Has the SP dropped yeah. So unfortunately I did not sell high to buy lower thats my lose. But what I look at today its what I do with today opportunities that matter tomorrow. It all will wash out when the revenue starts flowing.
If you follow the cycle of adoption Megachips had a product in mind yeah it takes time but it will get there. So did Renesas. MB is still hiring Nueromorphic engineers and working on cars. Tata is huge. Many more coals in the fire.
I can't predict a slump in SP but we keep attracting extremely talented connected semiconductor executives such as Tony. If Akida was crap Tony would not have joined BRN to be the CTO. I know that revenue is the final measure of success but this market has been extremely difficult for many companies. There are engineers that work at fortune 500 companies that I have spoken to that are interested in the possibilities of Akida offering possible solution to companies that deploy Ai at scale.
So I will take my advice from people that know what they are talking about to drive my investment.
You know a few years back oil companies in Northumbria were priced at 2 times there annual free cash flow. Meaning that in 2 years of production they could buy out every single share. Today they are multiple above that price it was quite sometime but logic came back. So yeah things over shoot and under shoot. All you can do is take a side and see. I would say that almost nobody would have guessed 15 cent SP and likely many panicked.
From my perspective the lows came and went. I feel many sold out near the lows thinking they can by lower even and its looking like its getting away. I mean from 15 to 20 thats a healthy percentage if you time it well.
I'm definitely giving this a solid year or 2 yet to see how we grow. At the moment SNN are only heating up. They industry is in its youth.
