BRN Discussion Ongoing

[Damo4]

I still believe some shorts are starting to unwind due to the large transactions going on?

Is BRN being dropped from the 300 & their borrowed shares have to be bought back.

Is Akida going to be fan fared by Mercedes or some other big company next week at the car show?

Is there going to be a joint announcement with the Akida 2.0 & some other large name to get first mover advantage?

Am I going to be let back into the house finally from the dog's residence?

All but one of these questions, doesn't really worry most of us LTH's in the short term. Last point may be a personal plea!

I'd say it's more likely in anticipation/concern over being kicked out of the 200/300 index.
I think they would rather cover now, than be forced to squeeze in one go, when the funds call them back.
We've seen it a few times now on these rebalance days.

 

[chapman89]

Asx price query lol are they serious.

 

[Mccabe84]

Asx price query lol are they serious.

Shorts getting worried that the price is going up? So complained to asx ?

 

[Rise from the ashes]

What's the current price I'm not logged in to broker platform? Tia

 

[Esq.111]

$0.32 Australian Roubles buys 1

Market still paused

 

[Cardpro]

Wtf is wrong with ASX... ARGH!!!!!!!!!

Asx price query lol are they serious.

 

[Kachoo]

BRN response should include that there previous news releases may be starting to sink in to investors such as Akida1500 Patents.

But they will say nothing lol

 

[Rise from the ashes]

$0.32 Australian Roubles buys 1

Market still paused

How strange This is something out of the twilight zone.

 

[Damo4]

Response to ASX Query


Brainchip Holdings Limited (BRN or Company) refers to your letter of 29 August 2023 and provides the following responses:

1. Notwithstanding the market’s expectations in relation to BRN’s half year results to 30 June 2023, does BRN Consider the Information (or any part of it) to be information that a reasonable person would expect to have a material effect on the price or value of its securities?

Yes, however all material information contained within the Half Year Report had been reported to the market at various times throughout the period, most notably via the quarterly Appendix 4C disclosures and accompanying Quarterly Activities Reports released by the Company.

 

[Fullmoonfever]

Asx price query lol are they serious.

Yep...ASX never heard of shorts before...Muppets.

They querying that our price went down and linking it to the 98% decrease and a leaky ship

The closing price of BRN’s shares on 28 August 2023 following the Announcement, which was
approximately 11% lower on larger than usual volumes. ASX notes a further decline of 5.2% in the share
price on 29 August 2023.

 

[Damo4]

Wtf is wrong with ASX... ARGH!!!!!!!!!

It's a query based on the drop after the Results announcement, not the spike afterwards.
Funnily enough the recovery also insinuates the drop was un-warranted.

Interestingly I posted on that day that the market should have priced it in, but knew they wouldn't, and yet here we are.

 

[Cartagena]

What's happening... I was expecting a news release today but not this one. I think they will still put one out today to surprise the market. Never say never.

How strange This is something out of the twilight zone.

 

[IloveLamp]

Microsoft wants to put a bag with an AI-powered digital assistant on your back

Microsoft has filed a patent for an AI-powered backpack that uses sensors to collect visual and auditory data from the environment. It could use this contextual data to issue commands to the wearer.

www-neowin-net.cdn.ampproject.org

 

[Rise from the ashes]

Why don't they just shove us in a glass cage so they can keep a closer eye on us all.

 

[Rise from the ashes]

What's happening... I was expecting a news release today but not this one. I think they will still put one out today to surprise the market. Never say never.

Damo's post above yours pretty much explains it.

 

[robsmark]

It's a query based on the drop after the Results announcement, not the spike afterwards.
Funnily enough the recovery also insinuates the drop was un-warranted.

Interestingly I posted on that day that the market should have priced it in, but knew they wouldn't, and yet here we are.

ASX enquiry has certainly done a great job of highlighting it again though, now we get to enjoy loosing value all over again.

 

[Cartagena]

ASX enquiry has certainly done a great job of highlighting it again though, now we get to enjoy loosing value all over again.

Let's not jinx it, I managed to sell some at 35 cents and bought a chunk at 31 cents and lowered my average..
I'm not taking the risk waiting longer as this will probably move up now they've pushed it this far. It's clearly being manipulated . Weird announcement still

 

[Rise from the ashes]

Let's not jinx it, I managed to sell some at 35 cents and bought a chunk at 31 cents. I'm not taking the risk waiting longer as this will probably move up now they've pushed it this far. It's clearly being manipulated

How dare you take control of your own finances

 

[Bravo]

Here are a couple of pages from SoftBank Group Report 2023 that was just posted an hour ago on SoftBank's LinkedIn page.

​

SoftBank Group Corp. on LinkedIn: #investment #businessmodel

As a strategic #investment holding company that aims to lead the Information Revolution, a sound #businessmodel is essential. The SoftBank Group's business…

www.linkedin.com

 

[Cardpro]

ASX enquiry has certainly done a great job of highlighting it again though, now we get to enjoy loosing value all over again.

Although I hate blaming shorters for price drop, until there is an actual material news driving price up, they will use every opportunity to drive price down simply because they can and based on the history/recent trends (for over 2 years), it worked like a charm...