D
Sounds to me Citicorp like BRN and have been recommending to their high end clients to buy BRN. If they run any ETF's they could be high end loading them with BRN (ie rules might state between 3%-5%) as a point of difference to outperform their peers.A few very good points made about the chat recently of a T/O ?? ... Attributed by... FF
One thing to note about CitiCorp is that some of those who are trying to create panic are those who were crying we should be concerned that Institutions were not buying shares in Brainchip over recent weeks.
When they were trolling on Institutions not buying they were claiming it was managements fault.
Now an institution has bought in big time to the tune of at least $100 million and they are attacking management again.
We cannot choose which institutions buy and I would prefer only institutions who do not lend their shares for short selling.
However even Warren Buffet lends his shares for short selling so such institutional investors are few and far between.
The thing is to lend your shares you have to have faith that the company you are lending your shares in has a future and is not going to go bust tomorrow. So CitiCorp has given a 100 million dollar vote of confidence in Brainchip.
Every institution that buys into Brainchip can be a potential takeover sign but at the same time every company in the ASX200 will have Institutional holders and we do not have every ASX200 company being taken over every day of the week.
There are always manipulators at work and the present market climate makes it easy for them to panic those who are ruled by anxiety.
The fact remains if you can muster 25% or more of the shares on issue to oppose a takeover you can defeat it. That is the law. Between Peter, Anil, Robert Mitro, Adam Osseiran and retail we have probably 40%.
A bargain basement takeover is not going to happen. The very fact that Sean Hehir has said Brainchip is worth far more than its present valuation prevents that happening along with the public statements of Ken Scarince and the Pitt Street Research statements on takeover values.
Then throw in the fact that Brainchip is deeply imbedded with NASA and DARPA giving rise to national security questions and quite frankly the last thing to worry about is a takeover in my opinion as these engagements would need to be disclosed so an independent valuation could be made of the company and that is not going to happen in this unstable world.
WELL SAID and thanks FF
Yeh I don't get his deal either.Been to two Agm’s.. Attended first Brainchip presentation back back in 2016. Hold enough shares at a nice low price, thanks for asking . Sorry you’re a bit wound up today .
Lol... they wont out perform their peers unless they let the SP go up!Sounds to me Citicorp like BRN and have been recommending to their high end clients to buy BRN. If they run any ETF's they could be high end loading them with BRN (ie rules might state between 3%-5%) as a point of difference to outperform their peers.
... so they've just created a new optional interim speech/learning capability until they bring out the real one next year.
Thinking that might be something we are just starting to witness, ........................Lol... they wont out perform their peers unless they let the SP go up!
Looking much better on the Buy side ...Thinking that might be something we are just starting to witness, ........................
AKIDA BALLISTA
yup its trying to go up.... this crap doesnt hep thoughLooking much better on the Buy side ...
744 buyers for 7,024,078 units
254 sellers for 3,293,931 units
Looking much better on the Buy side ...
744 buyers for 7,024,078 units
254 sellers for 3,293,931 units
Some decent chunks of volume, have been coming in, since I posted the above.There was a bit of strong buying around 12:40pm.
But beware, this is now going up on miniscule volume, so don't get too excited.
View attachment 11330
We are trading at around a 50% discount, from where I think we should be though..
But market conditions are weak.
We need significant, breakout news!
Are you saying only Akida has speech/learning capability? The release will be in 2024 not next year and it won't be optional and will be in all models.... so they've just created a new optional interim speech/learning capability until they bring out the real one next year.
Yes I tend to agree though it may be wishful thinking...on royalties at this point...its a maybe.I was just thinking what if there is a line in the next 4C on royalty income, be it $5K or $10K, that would probably propel the share price back to over $1.50.
Don't forget to make yourselves another waxing appointment over the weekend everyone. At this rate we'll be holding another $1 naked hot tub party again on Monday.
View attachment 11340
View attachment 11341
BrainChip on LinkedIn: #ai #edgeai #ai #aisensors #neuromorphic
Let BrainChip support your #AI enablement journey with our three programs that take you from concept to a working system. Get in touch with BrainChip here:…www.linkedin.com
View attachment 11331