alwaysgreen
Top 20
I think you will all be happy in joining me with a one finger salute to commemorate the end of today.
Could be buying and selling to themselves....Well I recon someone has managed to grab a shed loads of shares today, could this be the same buyer?
good question.......I see today as a positive as I still hold (and wont be selling for many years) and I think you may be right that someone is buying
Could be buying and selling to themselves....
Totally agree but I would have a lot more peace of mind and be 60 cents closer to my sell price if we closed at $1.60!So we have self stated holders with decades of experience, seen it all type of attitude & a wealth of knowledge.
Surely with such experience this little dump shouldn’t come as any surprise ….
We went to $2.34 on the back of Mercedes-Benz giving our ip the big tick which was great , since then we have formed incredibly promising ‘partnerships ‘ again great but until more commercial agreements are signed we a vulnerable to all of the ASX variables.
For me it’s a psychological game , I ask myself if if we closed today at $1.60 would I sell , no !!!
Long & strong
Brn is tightly held ...Could be buying and selling to themselves....
I normally don't drink until after dinner,
20.9 mill volume today from. 1.7 billion pool?And removed quite a few retail holders at the same time
Hi RB,So from a practical viewpoint, what can genuine long-term retail investors do?
1/ Don't sell your holdings - it may pay to reconsider using stop/losses at all
2/ Make sure you use your voting rights - Vote with Peter and the board at the next AGM
Not financial advice, just looking at whatever powers a retail investor has. Any more ideas?
I don’t know. It’s got nothing to do with the fact that the ASX is closed on Saturday, which is all I was sayin.Damn-o-lam! Everyone's an expert nowadays. So who do *you* think Citibank is working for? And don't hold back!!
Learning,I normally don't drink until after dinner,
But day like today
View attachment 12809
Its great to be a shareholder!
Is Andreas buying?good question.......I see today as a positive as I still hold (and wont be selling for many years) and I think you may be right that someone is buying
We didnt even hear about the Mercedes from the Brainchip management, it was Mercedes themselves and the media spreading the news. Other than forming partnerships, all I noticed was removal of the ford reference from the ppt slides without any explanation and providing no updates on any of the eap customers or progress other than one of them dropping out (again no explanation).Big difference when a stock is been artificial held down by illegal coordinated short campaigns and trading bots. It stifles organic growth. Though the company only has itself to blame here imo, as they do sweet FA to invigorate investors. Podcasts and LinkedIn posts don’t stimulate a SP, revenue and evidence of further commercialisation does:
I want to know:
- What revenue they are expecting in the coming 4 quarters based on current contracts?
- How many companies remain in the EAP (which started more than 2 years ago)?
- How many started out for that matter (specifically, not just a couple of dozen)?
- How far progressed are they into their testing?
- What is the industry distribution amongst these participants?
- Who are the current top 20 holders?
2022 was promised to me a huge year for Brainchip, but let’s be honest - it’s been piss poor. Other than Mercedes (which I believe was last year) we’ve heard nothing. Revenue is still shit. Shareholder engagement is shocking. I understand we have NDA, but imo the above information would’nt breach anything. Hell, I’ve heard more from Mercedes directly than I’ve heard from the company which I have loyally supported for the past few years.
My patience is running thin.
Nailed it. Very irresponsible in my opinion.We didnt even hear the Mercedes from Brainchip, it was Mercedes themselves. Other than forming partnerships, all I noticed was removal of the ford reference from the ppt slides without any explanation and providing no updates on any of the eap customers or progress other than one of them dropping out (again no explanation).
Although I will continue to hold as I do believe that our tech have heaps of potential and as I am quite happy where company is headed, it almost feels like they are not spending much attention to short term share price given they got enough cash already.
If the chip manufacturing slots are as rare as all that, we could auction off the slots we had reserved with TSMC after the first Akida commercial production run.You seem to be basing your whole argument around revenue in the middle of a chip shortage. Akida is new tech and you have to build a whole new ecosystem to get the tech to work as expected in each application. One size doesn't fit all.
Every slot to manufacture chips in 2023 was filled months ago so even if you figure it out an application today you can't get it manufactured until 2024.
BRN doesn't control it's revenue. It isn't a mining company. BRN is totally dependant on others to come up with applications to use BRN IP. Then when and how many applications they manufacture and sell is up to them not BRN. They won't necessarily tell BRN either. If the application is a success and the chip shortage is over, they'll manufacture more increasing BRN's revenue.
Personally I think the progress in 2022 has been beyond belief. The brand and tech recognition has exploded along with partnerships to put the building blocks in place to roll out Akida globally. Nothing was ever going to happen overnight. If you thought that, it was just inexperience and you live and learn.
Even on HC I was saying it was going to be 2-3 years before you see any significant revenue. On the flipside, an application might pop up next week in which the company has pre-ordered slots and is willing to use them for the application using Akida. It is the nature of the business.
A lot of people don't seem to understand BRN's business model and how it operates. Owning BRN shares is not for the fainted hearted or the inexperienced. There are no guarantees here. The entire ecosystem is fluid and did I mention we're in the middle of a chip shortage not to mention a shipping shortage.
FMF,Learning,
I'm not truly impressed unless you tell me what looks like a robo vac on the floor has Akida in it
CHEERS ....I normally don't drink until after dinner,
But day like today
View attachment 12809
Its great to be a shareholder!