BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
BaconLover
Founding Member
FJ-215
Regular
Am I right in thinking Anil has off loaded a few shares?
BaconLover
Founding Member
Not sure why you're surprised toasty, market doesn't know about the tape out, wasn't announced on the market at all.
Not even as a non-price sensitive one.
May be a NASDAQ move isn't a bad idea after all? Hopefully happens within the next 3 years and we get to keep our shares.
Don't worry too much unless you're selling. I imagine the smaller scaled shorters are shitting themselves and working out ways to try and get out?
The less people who sell, just cause tightening for them
Dozzaman1977
Regular
SO LDA have now got 26 million shares, they had nothing previously top 20 ann. So does than mean the put option raising has already been done ???
stuart888
Regular
Such great news, fast moving technological progress.On the money AG, well done.
So much for my theory,
As @charles2 pointed out, no one was topping up/buying in the USA except me on Thursday!
Love the Brainchip ride. Plus, so educational personally. Investing and learning is way better on the way to your dream beach house with a pool!
LSTM and transformers on Akida on the same node and process as Syntiant! This is a massive step forward even if the market is reacting the wrong way. It should be an ASX announcement IMO
Cant wait to see the performance data and launch!!
GazDix
Regular
Looks like revenue has started streaming in from receipts (a nice chunk mind you). Started taping out AKD1500 and the SP is taking a hit.
I am long term and don't really mind the SP fluctuations, but if it keeps getting unfairly choked like this, I feel trust will go from many retail holders over time.
There is no reason why it should be lower even on a technical level (from my limited understanding). Expectations were muted, also with ChatGPT coming out, the whole AI sector should be bullish right now.
Obviously more retail are still selling on top on whatever bullshit is going on.
I do think the company needs to look into this. Because if we can rid this boaconstrictor off us, we will also attract bigger and a better class of investors.
Anyway, just expressing my surprise more than anything.
I am long term and don't really mind the SP fluctuations, but if it keeps getting unfairly choked like this, I feel trust will go from many retail holders over time.
There is no reason why it should be lower even on a technical level (from my limited understanding). Expectations were muted, also with ChatGPT coming out, the whole AI sector should be bullish right now.
Obviously more retail are still selling on top on whatever bullshit is going on.
I do think the company needs to look into this. Because if we can rid this boaconstrictor off us, we will also attract bigger and a better class of investors.
Anyway, just expressing my surprise more than anything.
ndefries
Regular
Doesn't this paragraph talk about it. It is not written in a promotional way so it's importance is lost on people
In January, BrainChip completed a design with the latest Akida IP technology on a more powerefficient and advanced technology node. This is part of BrainChip’s validation strategy to offer IP across different processes and foundries which enables partners to have various global manufacturing options. This reference design, which has been released to GlobalFoundries, will enable current and prospective partners to design MCU modules or add-on cards for always-on sensors as well as broader IoT, industrial and automotive applications. We expect our next reference chips to be delivered in Q2 of this year.
wilzy123
Founding Member
FJ-215
Regular
Hi Dozz,
LDA were given 30 million shares to sell on our behalf a couple of weeks back. They have sold 4 million so far.
stuart888
Regular
Dare I toss out the future still: Cortical Neural Networks, are maybe/working-on/coming/planned.
Not sure, but this Brainchip techno wiz team is all over it.
https://www.mdpi.com/2079-9292/11/5/707/htm
Not sure, but this Brainchip techno wiz team is all over it.
https://www.mdpi.com/2079-9292/11/5/707/htm
The Pope
Regular
If we compare another tech start up called WBT they consider tapping out a good progress announcement to issue on ASX rather than twitter. Interesting communication styles by different tech companies.Excuse my French!
But how the fuck is the tapping out of a brand new chip not a price sensitive announcement on the asx?
I don’t get it. The other partnerships we announce with intel etc I get why it isn’t announced on the asx but this I don’t.
ndefries
Regular
Get a feeling a lot of the sales this morning were planned from shorters hoping for bad news. Hopefully (not that it's a big deal as not selling anytime soon) when they run out of ammo then price will recover quickly. there is no bad news in this annoucement we are stronger for this quarter and heading fast in the right direction.
wilzy123
Founding Member
Have you read the 4C yet? You should read it.
Townyj
Ermahgerd
The Pope
Regular
Thanks wilzy. Yep it’s there but could also do it as a seperate announcement just like when Akida 1000 was done (my recall). Different ways to communicate good news etc and why have to read through a 8 page report. WBT consider tape outs as a seperate announcement (milestone) just so investors don’t miss it. All good, just different from my point of view only.
Similar threads
