Have not read the announcement you have put up but this issue was raised over in the other place and I spent quite a bit of time on the fact that mining companies have their own disclosure requirements under the ASX Rules and so before drawing a comparison between what a mining company releases and any other ASX listed company you need to check.
Best to compare oranges with oranges and apples with apples. But I would challenge anyone to find an orange to match the Brainchip orange or apple. They cannot exist if the reason we are invested in Brainchip is because it is so revolutionary and first in the world.
Mining companies are also not usually working with the Departments of Defence of multiple allied countries or NASA and the European Space Agency and subject to secrecy laws and things like treason not to mention just straight out NDA's.
The whole argument around what a technology company like Brainchip if it is accepted that they have a technology revolution in the form of AKIDA technology and its future iterations should be announcing breaks down when you compare them with companies selling sausages made with a secret recipe, or a gold miner digging for gold, or a shoe company selling its summer range they cannot in any way shape or form be judged by the standards of these businesses.
If shareholders do not understand this then they need to do a whole lot more research about what it is that Brainchip has developed and is selling around the World.
You cannot sit on the fence worrying about whether they have taken adequate measures to protect the intellectual property underpinning AKIDA then complaining because they run a tight ship with most of their work being opaque to your gaze.
It is just that simple.
My opinion only DYOR
FF
AKIDA BALLISTA
I love your inputs FF,
BUT I think you have misread the angst people are feeling, with what we are witnessing here.
Oranges with Oranges you say .... Hows about compared to the ASX all technology index XTX........IT HAS DROPPED 29% since its recent peak in November last year.
BRN has dropped 55% since its November peak ......... nearly double.
Is that a fair comparison ? ...... without having to dig too deep into stocks in particular, keeping in mind they all have their own individual background, present and future stories.
Even though the Brainchip has been well validated, not a speculator any longer with still to reveal the household names of its customers.......... and is touted as the next big disturber of technology
don't you think the 55% drop should be questioned ?
I am not questioning the product ......... it's a winner and the time to get in the queue and collect will eventually arrive, but the road we are on at present needs some legitimate questions asked
I believe.
That is my honest opinion, for something that is supposed to be the next best thing and in such HIGH DEMAND by buyers .......... does not seem right.
I understand there is a HOOVER job going on at present ..... biggest tree shake I have ever seen, which goes to show ....... this baby is a GOODUN.
At least I hope that is what is going on.
BALLISTA - AKIDA can it be said in reverse to suit the recent shareprice ?