BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
Bravo
If ARM was an arm, BRN would be its biceps💪!
Believe it or not, I do actually have something positive to report which is that @Diogenese owes me half a cigar.
Quiltman
Regular
Well, I'm ok with all of this.
In fact, more than OK
IMO, the LDA deal has been an anchor on the SP for some time.
31 Million shares sold between 27/3 & 28/6 ... hard to get momentum.
And met with several institutional investors after the AGM.
Seeking interest, and no doubt a heads up that a CR is likely coming in the not to distant future.
All of which has added to relentless downward pressure on the SP .
And yes, a large deal would have changed all of this, but with the above "negative" pressure any bits of good news like Frontgrade Gaisler or Airbus was never going to move the needle or create some FOMO.
Now, LDA Capital deal is behind us, and we have plenty of $'s in the bank.
Sign a deal .... any deal, and several impediments to a half decent re-rate have just been removed.
In fact, more than OK
IMO, the LDA deal has been an anchor on the SP for some time.
31 Million shares sold between 27/3 & 28/6 ... hard to get momentum.
And met with several institutional investors after the AGM.
Seeking interest, and no doubt a heads up that a CR is likely coming in the not to distant future.
All of which has added to relentless downward pressure on the SP .
And yes, a large deal would have changed all of this, but with the above "negative" pressure any bits of good news like Frontgrade Gaisler or Airbus was never going to move the needle or create some FOMO.
Now, LDA Capital deal is behind us, and we have plenty of $'s in the bank.
Sign a deal .... any deal, and several impediments to a half decent re-rate have just been removed.
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I don't think Shaun will have a job by next AGM.
he has let down so many shareholders, he is all talk and no action.
$48,000 for the 2nd quarter, by now it supposed to get better each
Quarterly, not worse.
This was said at the 2022 AGM
Just so so DISAPPOINTING.
Attachments
db1969oz
Regular
Yep, and he'll have pocketed enough out of us to be playing golf for the rest of his life, while I'm working my ass off to pay debts.
Quiltman
Regular
The road block has been removed.
I'll be buying into the SPP, on the back of Tata Medical devices alone ... and the removal of the LDA capital arrangement.
Oh, and I reckon a couple of these ideas have merit
Gingerbreadfriend
Emerged
Because apparently there are presumably smarter investors than we who were already willing to collectively shell out $20m at 19.3cWhy is is going up ....
GazDix
Regular
Many of us are disappointed just because we have had no news for a long time and it is natural to get excited with any kind of news.
I think it is ridiculous to call for Sean's head, but I certainly understand the anger. Unfortunately we have made our bed now.
Anyway, now we are back to a top 20 shareholders and not a top 50 like last quarterly.
1. PVDM (founder) - same
2. Citi - up about 22 million shares. Massive increase.
3. BNP - 600k down. The only time it has gone down in a few years.
4. Merril - up about 600k.
5. JP Morgan - up by 12 million. Up massively also.
6. HSBC Australia - down about 3 million.
7. BNP (2) - down 6 million.
8. National Nominees - up 200k.
9. HSBC (2). up about 1.7 million.
10. BNP (3) - down 100k.
11. LDA down 12 million per ANN.
12. Certaine - Up 1.2 million.
13. Finclear - Up around 300k.
14. Certaine (2) - NEW. From top 50 can see they are up 3.4 million shares.
15. Osserian fam - sold more again. 300k down.
16. Crossfield - same.
17. Paul (retail) - same.
18. Jeff (retail) - same
19. David (retail) - same
20. The Stardust Super Fund - same.
Sell / buy ratio = 41.2 - 22.2 (12 of which is LDA) = 19 million shares in the plus.
But not including:
21. BNP (4). Must have sold some amount over 1.9 million to get out of the top 20.
The trend is that it seems the smaller holders are still selling more than the top 20 which is a good sign.
Good luck to us all,
I think it is ridiculous to call for Sean's head, but I certainly understand the anger. Unfortunately we have made our bed now.
Anyway, now we are back to a top 20 shareholders and not a top 50 like last quarterly.
1. PVDM (founder) - same
2. Citi - up about 22 million shares. Massive increase.
3. BNP - 600k down. The only time it has gone down in a few years.
4. Merril - up about 600k.
5. JP Morgan - up by 12 million. Up massively also.
6. HSBC Australia - down about 3 million.
7. BNP (2) - down 6 million.
8. National Nominees - up 200k.
9. HSBC (2). up about 1.7 million.
10. BNP (3) - down 100k.
11. LDA down 12 million per ANN.
12. Certaine - Up 1.2 million.
13. Finclear - Up around 300k.
14. Certaine (2) - NEW. From top 50 can see they are up 3.4 million shares.
15. Osserian fam - sold more again. 300k down.
16. Crossfield - same.
17. Paul (retail) - same.
18. Jeff (retail) - same
19. David (retail) - same
20. The Stardust Super Fund - same.
Sell / buy ratio = 41.2 - 22.2 (12 of which is LDA) = 19 million shares in the plus.
But not including:
21. BNP (4). Must have sold some amount over 1.9 million to get out of the top 20.
The trend is that it seems the smaller holders are still selling more than the top 20 which is a good sign.
Good luck to us all,
7für7
Top 20
In my experience, small investors often become impatient in such situations because they lack long-term perspective. Disappointed, angry, and upset, they sell their shares, while the big players gladly pick up the cheaper shares. It’s always the same game. I hope those who decide out of emotion don't regret it later and find happiness with another stock, just as we will with BrainChip.
Yoda
Regular
Many people who are frustrated have been here for years and years - this is not short termism but recognition that now is a crucial time for the company where we would expect to see progress and results.
HopalongPetrovski
I'm Spartacus!
The Buy/Sell volume has come back to roughly where it was before all this current kerfuffle.
It went much closer to parity during the uncertainty.
Maybe the market is not judging all of this so harshly after all, particularly on a day when the ASX is getting smashed.
It went much closer to parity during the uncertainty.
Maybe the market is not judging all of this so harshly after all, particularly on a day when the ASX is getting smashed.
7für7
Top 20
Same here Master Yoda! The market will bring us on the end where we belong. And some people still don’t understand that the AI hype has nothing to do with our market! We are here to make the AI smarter and more efficient…that’s what I see
FJ-215
Regular
"And met with several institutional investors after the AGM.
Seeking interest, and no doubt a heads up that a CR is likely coming in the not to distant future.
All of which has added to relentless downward pressure on the SP"
So your theory is that during the last LDA call period, our CEO & head of IR were telling instititional investors not to buy shares in BRN and to wait until an upcoming CR to get them cheaper?
Quiltman
Regular
No, not intentionally so, but the investor team on the other side of the table may well have inferred so."And met with several institutional investors after the AGM.
Seeking interest, and no doubt a heads up that a CR is likely coming in the not to distant future.
All of which has added to relentless downward pressure on the SP"
So your theory is that during the last LDA call period, our CEO & head of IR were telling instititional investors not to buy shares in BRN and to wait until an upcoming CR to get them cheaper?
Wouldn't be to hard, IMO
As the investor group, I would have gone back with the team and workshopped a strategy/scenario that ended up looking something like this.
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