Hi all,
Isnāt Brainchip a great Australian success story with so much potential.
Wi Fi, Cochlear are another two fantastic Australian inventions taken global. I wish we lauded our scientists and inventors as much as our football players so more young minds were encouraged to follow that pathway! Imagine what could be achieved.
Regardless of the price movements today I am sure the great āWinningā Brainchip team will keep working hard. Brainchip will remain top of class and still the only commercial neuromorphic chip available.
The fundamentals of the business are strong. Any number of EAPās could make an announcement at any time. So much in the pipleline over the next few years.
I am planning to hold until at least Xmas 2025 which is when I plan to take a little bit each year to live off of until I can touch my superannuation. I think by 2025 the little bit I skim off will be negligable to the principle. The early retirement will be worth it and my freedom from work responsibilites will be awesome!
I have no doubt that regardless of the short term price fluctions that my shares will be many times larger in 2025 than what they are now. So the daily SP movements are just white noise.
Iām an investor, not a speculator!
Good luck everyone and enjoy the day.
Yes to all of the above but Australians themselves have embraced this sport above all things. The tall poppy syndrome has never been applied to our sportsmen. Sportswomen a different story. Dawn Frazer being a classic example.
When I was 16 my father knew Henry Jones of IXL and got me a school holiday job on the line at his jam factory off Parramatta Road near Camperdown Sydney.
My job was AKIDA like. It was to pick out the damage fruit and throw it into a bin for jam making.
When a bin was full being a male I had to replace it with an empty bin and push the full bin to another part of the factory empty it and bring it back and rejoin the line.
I was quite enjoying the work and trying to get to the same picking speed of some of the ladies on the line.
As I was pushing my third bin out of nowhere I was tapped on the shoulder by the union rep and told in no uncertain terms to slow down as I was breaking down conditions and to watch the others and be no faster.
By the end of the day I thought I was walking backwards and when my father picked me up on his way home I told him I was embarrassed to go back and why.
Not many years later IXL was bought out asset stripped and the brand sold overseas on the basis that the company was unproductive and could not compete.
I am not saying it was that one union officials fault but we had then and still prevailing an us and them view of capital and labour. The worker is good the boss is bad mentality and tall poppies need to be chopped down to size.
When I visited Hong Kong for the first time in 1996 I found an entirely different energy and mind set.
If a journalist had written in 1996 the line āif it was any good it would not be listed in Hong Kongā they would have been tarred and feathered the person.
There is something fundamentally wrong here and it needs to change in my opinion because Australia does have some of the greatest minds doing amazing if not unbelievable things but until they are recognised by some overseas entity Australians seem unable to give them the recognition they deserve.
Brainchip is a current case in point. Look at the change in attitude simply because Mercedes said what we here already knew.
Think about how we all myself included speak about the desire for NASA validation.
This is a once in a lifetime technology advance produced here in Australia and we know this and we are holding a part ownership of this marvellous advance. Australia is the lucky country but on this occasion we are lucky Australians to have become involved with Brainchip at this stage in its success. All we have to do is hold onto our shares.
My opinion only DYOR
FF
AKIDA BALLISTA