BRN Discussion Ongoing

[LexLuther77]

We are listed on a stock exchange with a preponderance of mining stocks - the players understand hole-digging.

The ASX is wary of IT shares following the dot-com bust. They probably view the AI boom with a jaundiced eye. What is a neuromorphic chip anyway?

We have been yellow-carded for injudicious use of the hockey stick. Management takes the view that we cannot afford a second yellow card, even if it means the shorters score the occasional goal.

To continue the sporting analogy - short term pain for ...

I completely understand mate. But it shouldn’t prevent management from announcing material information altogether. Ambiguous Ann’s I get it. Don’t risk it. But the taping out of Akida 1500 chips in global foundries is pretty safe imo… well, we know it is base. On WBTs announcement . Anyway. It doesn’t make any difference now. I’m sure the price will recover in due course. GLA.

 

[BaconLover]

Shareholders: We are waiting for the next Ann.

The Ann:

(PS: It is a joke, don't take it too hard)

 

[H2 goes up]

But you haven't a rhyme with orange
That would be very st(o)range.

I'll see if I can arrange one.

 

[Bravo]

Great idea DK! Does anyone have Elon Musk's phone number 'cause I'll start with him.

Then if we all get our yellow pages out, we can break it into sections and everyone can take a letter or even share a letter with others and then if we all work together, 10 hours minimum per day with toilet breaks, we should be able to call almost every business in Australia by the end of the week. Be polite and professional always, but NEVER accept no for an answer. Let's vote on who's going to be in charge of this endevour!

 

[buena suerte :-)]

Head up Robsmark. Some things take time, and don't forget theres more to life than the stock market.
Not being condescending but I can see you as well as others aren't taking this too well.
Just remember there's always tomorrow and trust your judgment.

Edit: I suggest maybe a quick stroll around the block or have something to eat. It's a amazing what a step back can do for the mental health.

Just vacuumed the house 'Twice'

 

[Rskiff]

So stop to think, 31m shares TRADED so far today. Sure sellers but there were buyers of them and now the price is inching up..... Would be interesting to know if there was a single buyer that took a great deal of them and who they were. Games are certainly being played (IMO) as said before above " being manipulated"

 

[Dozzaman1977]

It's actually depressing to think I could of sold at $2 and been set up for life.

There is absolutely no guarantee that the share price will ever reach those heights again.

I'm hoping management will be successful in its business model and growth strategy but 14 months into commercialisation ( much longer for EAPS) there does not seem to be an "explosion of sales" for a Technology that is marketed as being revolutionary for the industry with many advantages over old Tech (yes I know there is long lead times and macro economic conditions play a part in investing in tech)

The AGM will be interesting this year.
Good luck and happiness to all the long term holders
I'm going for a long long walk.
Take care, hopefully this is the bottom

 

[Mugen74]

I like your thinking Jk200sx but they are toothless tigers who dont give a shit about retail imo.

 

[buena suerte :-)]

That's a great idea @BienSuerte. I think I need to take some time-out too. I'm going to cut my toenails.

Clean up after... won't you ....

 

[Mccabe84]

Does anyone have broker data ? Are the big institutions buying or selling?

 

[JoMo68]

I was thinking of emailing Tony, but I imagine it will take until the annual report comes out before he can reply to the emails he would have received this morning. It would be a waste of time anyway as they will only give a standard cut and paste response, much like the quarterlies.
Regarding Fact Finders return he is no saviour. I would say he most likely sold out some time ago.

Fact Finder is still here. Watching but not posting.

 

[Xhosa12345]

It's actually depressing to think I could of sold at $2 and been set up for life.

There is absolutely no guarantee that the share price will ever reach those heights again.

I'm hoping management will be successful in its business model and growth strategy but 14 months into commercialisation ( much longer for EAPS) there does not seem to be an "explosion of sales" for a Technology that is marketed as being revolutionary for the industry.

The AGM will be interesting this year.
Good luck and happiness to all the long term holders
I'm going for a long long walk.
Take care, hopefully this is the bottom

AGM---

 

[BaconLover]

AGM---

View attachment 29633

I still expect some magic between April and May last week so hopefully we don't need to use pitchforks

 

[Fullmoonfever]

Posted TA thread but thought put here as well fwiw.

Orig post

Technical Analysis

Currently we are sitting extremely close to our closing share price this time last year ☹️ well myself I wasn’t expecting that nor 90% probably more new investors that brought in this year.

thestockexchange.com.au

17th Jan

15th Feb...wanna hold bottom TL

 

[DK6161]

When is the next AGM ?

 

[Gearitup]

Highly likely the volume today is LDA capital selling

 

[charles2]

So stop to think, 31m shares TRADED so far today. Sure sellers but there were buyers of them and now the price is inching up..... Would be interesting to know if there was a single buyer that took a great deal of them and who they were. Games are certainly being played (IMO) as said before above " being manipulated"

My guess is the shorts orchestrated this debacle giving many of them the opportunity to cover at great profit.

 

[wilzy123]

 

[Okeydokey01]

What has actually changed with the company? I get the frustration at the SP but we own a piece of a company and from where I sit the company continues to push forward. I am satisfied that they are continuing to work as hard as they can for the stage that they are at. We are seeing information that can be released, released. This is the way a company like Brainchip must work. Given the scale of the potential customers we are dealing with the stakes are too high to jeopardise commercial deals in order to satisfy share holders concerns. At least that is my belief.

We are selling revolutionary technology to the big players and our product and company must be understood, qualified, tested and then tested some more. Then, once this is done the process of incorporation and design into products begins. Its a long sales cycle and was always going to be that way.

Unfortunatly the Market is far from perfect and is open to manipulation. But the calls for action from management in order to stem the falling SP do not make any sense to me. Perhaps I am missing the point or maybe my time frames are different to others. But my sentiment towards where we will be in a couple of years time is unchanged by recent SP movements. Best of luck to all.

 

[GazDix]

It's actually depressing to think I could of sold at $2 and been set up for life.

There is absolutely no guarantee that the share price will ever reach those heights again.

I'm hoping management will be successful in its business model and growth strategy but 14 months into commercialisation ( much longer for EAPS) there does not seem to be an "explosion of sales" for a Technology that is marketed as being revolutionary for the industry with many advantages over old Tech (yes I know there is long lead times and macro economic conditions play a part in investing in tech)

The AGM will be interesting this year.
Good luck and happiness to all the long term holders
I'm going for a long long walk.
Take care, hopefully this is the bottom

Hi Dozzaman,

I am 99% confident we will see those highs again and more. Looking at all the early day charts of Apple, Amazon, Bitcoin and any other new technology, volatility is the norm. Reason why it is so volatile is that games can easily be played because the tech is hard to understand and manipulation is easy.
But let's say that Renesas and Megachips are our only commerical contracts (this is hypothetical and will never be the case) in 5 years or so, with all the products they make and markets they will start to dominate, even then $4 billion MC or $2 SP is cheap.