Wow Citi now have more than Peter VdM
IMO, It's very good to see the 4C now in a potentially building upward trend pattern ... maybe even a hockey stick pattern could be forming. IMO, things should also start improving with news coming out from the Co about the formal release of Akida 1500 and Akida Gen 2 if the tech side of things meets the Co's expectations (Peters and Anil's that is.) .... and hopfully even some more new IP's being entered into during this quarter and products being introduced into commercial products with the confirmation of Akida inside notations by certain customers which would further enhance our reputation and aid rapid commercial expansion globally for the Co.I guess the hope is that it's PCIe boards and EAP engagements (that don't require ASX announcements), rather than just outstanding cash from previously declared revenue but who knows.
Still quite a good 4C
Yep they have just snuck ahead of him!Wow Citi now have more than Peter VdM
$1.23 million Aussie dollars$830,000![]()
Is Superhero Securities Rob Telson?
Market doesn't seem to agree.........A very positive quarterly. We are set up for a big 12 months. BrainChip appear to have the right technology at the right time and are ready to deploy it, now! It has been amazing to watch our CEO and team develop an extensive ecosystem over the last 12 months, while PVDM and his clever engineers extend Akida’s technological capabilities. We are red hot at the moment!! I couldn’t be happier holding BRN shares. I am such a clever dick.
I would give the market some time to absorb the announcement.Market doesn't seem to agree.........
Seriously though, WTF. Another positive announcement and yet another downward SP movement. Clearly Citi is not satisfied with the number of shares they hold..........![]()
Not bad 4C, price gets pushed down, my order gets hit lol???
At least the dirty rats are consistent!
Late Q3 is less than 2months away..I think and strongly hope that Sean H is being extra very careful these days on what he has to say to keep his creditability intact as CEO:
"The Company is currently experiencing its highest ever level of commercial engagements, the volume and quality of which are improving rapidly as a larger number of customers learn about BrainChip and our 2nd Generation technology which will be available in late Q3."
Classic ASX bants.
Looks like people wait to be told whether something is good or bad and just react to the colour of the daily change.
We'll see what happens by the end of the day, IMO this was a good 4C with considerably more cash received from customers than expected.
Also this 4C was released at the best time for absorbing its content...At the start of the week!!! Not like other times late Friday.Late Q3 is less than 2months away..
Let me repeat, Late Q3 is “less than 2 months away.”
We are drawing closer to the bottom of the rut. Just one more brief general market retraction this qtr to navigate in my view. Maybe another 7.5-12.5%. I’d be surprised if any one retracement was larger than that. With already 2x 20% retracements in 2020 & 2022, it would be highly unlikely to have another of that size in 2023 historically speaking.
I know, but the dog is getting sick of me in his house.
Underrated post. Agree @Getupthere it is going to be an interesting 3rd quarter. Buckle up.3rd quarter is going to be interesting
Remember how quick renesas signed on after the release of the Akd1000