GazDix
Regular
RE: All the discussion about announcements and why we are not posting them clearly on the ASX.
I have alluded to it before, but I am convinced the reason why we are not doing it is strategic. Why? To have the greatest short burn since Gamestop? Haha, I don't know.
Tony Dawe's explanation that they are taking a careful approach is just an excuse for something. What that is? I don't know. All I know is that by including the tape-out in the quarterly rather than a seperate announcement which was precedent before and certainly not threatening to any ASX rules as it had done before. The 'ramping' threat by the ASX I bet is standard and other companies brush it off and carry on. I don't mind us taking a conservative approach, but it could bite us on the bum as well. A price sensitive ANN is 'a reasonable person would expect to have a material effect on the price'. One of the exceptions of not releasing an ANN is 'if the information is a trade secret'. Would that apply? I don't know.
I really think this is strategic. Because if it isn't, I know Hehir said 'let the SP do what it does' or along those lines, in fact not informing shareholders under the ASX rules in time and if it will have a material effect on price can also land us in trouble. To be clear, I am just mumbling about the future if we are not focussed on this and not referring to the tape out of 1500 mentioned in the quarterly (which was included in a PS document so falls under those rules).
Scepticism is my downfall and also my strength at the same time, but I wonder if this is all a ruse to exhaust us retail holders and our directors have some smooch on the side waiting to come in, and when they do come in then the company gets special deals that will reward the long-term and loyal shareholders. I don't know. Or was it a stern warning from the ASX after the MB announcement on Twitter? I feel there is something missing and it is not just about us being conservative.
I think FF had an idea too and decided to leave the forum.
If I was a shorter and I knew Brainchip would hardly not announce any PS ANNs on the ASX, yes, why not?
All is good. I do believe, just late night mumbles. Nothing else. But we can't always have rose-tinted glasses on. Investing is sort of like marriage. Goes through ups and downs.
Cheers to a fair share price in the next few months.
I have alluded to it before, but I am convinced the reason why we are not doing it is strategic. Why? To have the greatest short burn since Gamestop? Haha, I don't know.
Tony Dawe's explanation that they are taking a careful approach is just an excuse for something. What that is? I don't know. All I know is that by including the tape-out in the quarterly rather than a seperate announcement which was precedent before and certainly not threatening to any ASX rules as it had done before. The 'ramping' threat by the ASX I bet is standard and other companies brush it off and carry on. I don't mind us taking a conservative approach, but it could bite us on the bum as well. A price sensitive ANN is 'a reasonable person would expect to have a material effect on the price'. One of the exceptions of not releasing an ANN is 'if the information is a trade secret'. Would that apply? I don't know.
I really think this is strategic. Because if it isn't, I know Hehir said 'let the SP do what it does' or along those lines, in fact not informing shareholders under the ASX rules in time and if it will have a material effect on price can also land us in trouble. To be clear, I am just mumbling about the future if we are not focussed on this and not referring to the tape out of 1500 mentioned in the quarterly (which was included in a PS document so falls under those rules).
Scepticism is my downfall and also my strength at the same time, but I wonder if this is all a ruse to exhaust us retail holders and our directors have some smooch on the side waiting to come in, and when they do come in then the company gets special deals that will reward the long-term and loyal shareholders. I don't know. Or was it a stern warning from the ASX after the MB announcement on Twitter? I feel there is something missing and it is not just about us being conservative.
I think FF had an idea too and decided to leave the forum.
If I was a shorter and I knew Brainchip would hardly not announce any PS ANNs on the ASX, yes, why not?
All is good. I do believe, just late night mumbles. Nothing else. But we can't always have rose-tinted glasses on. Investing is sort of like marriage. Goes through ups and downs.
Cheers to a fair share price in the next few months.