Definition of shorters - What goes up a chimney down, but won't go down a chimney up?
BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
Fact Finder
Top 20
Hi Pmel
If you read the notice they are not issued to an employee they are issued to the Trustee of the Employee Share Plan Trust.
“Shares issued to the trustee of the Company's Employee Share Plan Trust for the purposes of administration of the Employee Share Plan”
The purpose of the issue is to ensure the Trust maintains a balance of shares sufficient to satisfy the obligation to issue performance shares to any employee who achieves their benchmark for the issue of shares.
A bit like employee superannuation having to be remitted to their fund without exception the Trustee has a legal obligation to ensure the Employee Share Plan Trust is maintained at the correct level.
Your anger is a little bit early.
My opinion only DYOR
FF
AKIDA BALLISTA
Dozzaman1977
Regular
Maybe the drop in market capitalisation was due to the announcement on Friday, Did you actually read the 4c???
Boab
I wish I could paint like Vincent
After checking my Australian Super Member Direct account my allocation of BRN has dropped below the 20% threshold which now allows me to top up which I will. Easier than tipping up the couch looking for lost coins.
For those that are feeling the heat my average buy in is $1.22 but I am still confident we are onto something very special.
Pantene.
For those that are feeling the heat my average buy in is $1.22 but I am still confident we are onto something very special.
Pantene.
Thanks facfinder always helpfull. But hopefully sp will stabilise and move up. Hard to see the portfolio gong in to negative everyday.
alwaysgreen
Top 20
This downwards pressure is relentless. I really hope 60 cents-ish is the bottom here.
equanimous
Norse clairvoyant shapeshifter goddess
Next month podcast with Jerome Powell and how to print money.
Just kidding. Dont shoot me
Just kidding. Dont shoot me
alwaysgreen
Top 20
The drop was after a price sensitive announcement. Same as a rise, if it is after a price sensitive announcement, there is no please explain. It's pretty self explanatory.
Bravo
If ARM was an arm, BRN would be its biceps💪!
A nappy?
Your chimneysweep is very young.
Sera, another question for you, can Brainchip put in the revenue(account receivable) in the 4 C if they wish to do so? I worked in an an American EMS MNC before, I remember at every end of the quarter, we will be chasing for outputs and everything delivered before the last day of the quarter is been captured as revenue, why is Brainchip not doing so? Is it because the Australian law where the goods delivered and invoiced are not considered as revenue?
Fact Finder
Top 20
Don’t get me wrong I am not a closet masochist.
I hate to see the share price decline at least as much as the next person perhaps more.
When it was revealed that 12 million shorts were taken out I knew the price was going to be pushed down further again as they clearly bought with a view to making a profit and for this to occur the price has to go down further.
So it is what it is but the price does not affect my conviction as to whether Brainchip is a quality company.
I bought originally at 28 cents and averaged to 21 cents. I bought my full allocation in the capital raise at 6 cents and held down to 4 cents. I bought more at various times and held at $2.34 and back to now and if we go below 60 cents I will be buying more even though that will take me beyond my happy to hold for as long as it takes number.
The day to day price is irrelevant to my personal circumstances.
The important thing to me is that I see overall value acquisitive progress taking place and in my opinion that is what I am seeing every day.
My opinion only DYOR
FF
AKIDA BALLISTA
Izzzzzzzzzzy
Regular
I reckon we are going to finish red though
My understanding of this article is that they are improving CPUs, GPUs and NPUs which are not Brainchips AI chips, and they want to release sensors not chips that can do the 5 human senses. What will benefit these sensors is Akida however, if they are improving their own CPU, GPU and NPUs then akida is not taken in consideration unless improving performance somehow meant an inclusion of an AI chip. I don’t like saying this but that statement in blue above is incorrect unless it is somewhere in the full article which I have not opened
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Izzzzzzzzzzy
Regular
How to tell your wife that you havnt lost all your money unless you sell. It’s only a paper loss honey you only lose when you sell
Bravo
If ARM was an arm, BRN would be its biceps💪!
Ok B. Just so long as you promise not to start actually lifting your leg on the posts, or spraying, it will be all right.
Gosh no, Hoppy! Thankfully I have a little more decorum than that! Now, if you'll excuse me, I'm feeling a bit chilly so I'm off to throw another nappy on the fire.
Fullmoonfever
Top 20
Mkt will do what the mkt does.
Holders can only do what fits their personal situation. Buy, sell, hold obviously.
The only disappointment is that whilst prices on any stock have their peaks and troughs, it is always beneficial to be in a longer term overall uptrend of some description.
Without that we can drift or be pushed down which just create a much lower starting base than was previously in place.
Watching financials is one thing but it does unfortunately give a window of 3 months where if there is no newsflow then overall SP will fall into a wide range rinse and repeat.
For some though
Holders can only do what fits their personal situation. Buy, sell, hold obviously.
The only disappointment is that whilst prices on any stock have their peaks and troughs, it is always beneficial to be in a longer term overall uptrend of some description.
Without that we can drift or be pushed down which just create a much lower starting base than was previously in place.
Watching financials is one thing but it does unfortunately give a window of 3 months where if there is no newsflow then overall SP will fall into a wide range rinse and repeat.
For some though
wilzy123
Founding Member
Hopefully it goes up 5000 times that
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