BRN Discussion Ongoing

[Cartagena]

In a nutshell.......

The institutions that are required to hold ASX200 listed companies as a part of their index will sell down the positions they hold potentially putting downward pressure on our share price. Negative for our share price.

Any shorter who has an open position with any of the above companies will be obliged to close so they can return what they still owe to those same companies potentially applying upward pressure. Positive for our share price.

Going forward there will possibly be less shares available to be lent to short us with, possibly reducing our liquidity on market.
This may make us more difficult to manipulate and so, being a less attractive target, they may move on to easier prospects.

Something like that, in theory anyway.

Very well explained. Therefore it's not all bad, considering the large outstanding shorts and the imminent news on horizon, very likely the resultant force will be up up and away.

 

[Getupthere]

Hold on to your shares everyone….at lest till after the 18th of September.

They will need lots of sellers.

They will be baiting to find the sellers

Let the games begin.

 

[HopalongPetrovski]

The institutions that are required to hold ASX200 listed companies as a part of their index will sell down the positions they hold potentially putting downward pressure on our share price.

Unless this has already been happening. Wouldn't they begin selling before the ann, despite having two weeks before rebalance?

I think this will depend on the individual fund managers and what they are being advised by their teams and algorithms.
Their hands will be somewhat tied by the constitutions and rules of their funds, but they will always have some latitude in their exposure.
I would like to think some will continue to hold as they see our potential and so maybe just shuffle their holdings sideways into complimentary positions. Considering the large volume of shorts taken out against us we could see some increased volatility over the next couple of weeks while they sort out their game plans going forward.

 

[Rskiff]

So if the insto's lent out shares, then they too would now have lost a fair amount seen as that the shorters forced the price down. That should be a lesson one would think.

 

[jtardif999]

If we don’t get out shit together soon, we’re going to fade into insignificance. A very disappointing day, especially considering tye great start we had to it.

Also, where the fuck is AKD2000? Did anyone follow up with Tony out of interest?

Aww common Rob glass half full mate while they’re not making consistent money BRN are better off out of the 200, we’ve been smashed by shorters. Shorter focus should be a lot less now.

 

[DingoBorat]

Well we're out of the ASX 200 now huh..

I guess we didn't make enough revenue or progress, to warrant staying in.

Neuromorphic A.I. apparently has no future.


Interestingly, Liontown Resources (LTR) are now in the ASX 100 and still with zero revenue.

But they do have a shitload of lithium in the ground and lithium has a rock solid position, as the material for batteries, for the foreseeable future right?? ..

That's the difference, between how technology stocks and mining stocks are valued on the ASX.

BrainChip will change that.

 

[Humble Genius]

In a nutshell.......

The institutions that are required to hold ASX200 listed companies as a part of their index will sell down the positions they hold potentially putting downward pressure on our share price. Negative for our share price.

Any shorter who has an open position with any of the above companies will be obliged to close so they can return what they still owe to those same companies potentially applying upward pressure. Positive for our share price.

Going forward there will possibly be less shares available to be lent to short us with, possibly reducing our liquidity on market.
This may make us more difficult to manipulate and so, being a less attractive target, they may move on to easier prospects.

Something like that, in theory anyway.

Why would they sell down at a loss?

 

[wilzy123]

If we don’t get out shit together soon, we’re going to fade into insignificance. A very disappointing day, especially considering tye great start we had to it.

Also, where the fuck is AKD2000? Did anyone follow up with Tony out of interest?

Did you follow up? Or are you blacklisted by Tony for whinging too much?

 

[HopalongPetrovski]

So if the insto's lent out shares, then they too would now have lost a fair amount seen as that the shorters forced the price down. That should be a lesson one would think.

I doubt the insto's would have lost anything in this process.
They buy and sell, to and from themselves and complimentary structures and employ hedging techniques so that whilst they are earning "rents" from small and larger fry shorter's, they ensure they end up making margins no matter which direction the share price heads.
They are the "real" players in the market with access to resources which lend them the gravity to actually make certain things happen.

 

[Damo4]

Well we're out of the ASX 200 now huh..

I guess we didn't make enough revenue or progress, to warrant staying in.

Neuromorphic A.I. apparently has no future.


Interestingly, Liontown Resources (LTR) are now in the ASX 100 and still with zero revenue.

But they do have a shitload of lithium in the ground and lithium has a rock solid position, as the material for batteries, for the foreseeable future right?? ..

That's the difference, between how technology stocks and mining stocks are valued on the ASX.

BrainChip will change that.

It is funny how the market sees miners vs tech.
They are afforded WAY more patience, time and capital raises. They will also do all of this well before any feasibility studies.
On the flip side if the tech isn't disruptive near immediately, it's killed on market.

I like how we are positioned regarding our patents, I think it protects us well to build a little slower.

 

[Diogenese]

Thanks for that. Negative and positive. Faaaark this beast does my head in.

A classic push-me-pull-you.

 

[Diogenese]

So if the insto's lent out shares, then they too would now have lost a fair amount seen as that the shorters forced the price down. That should be a lesson one would think.

... if this were the first time it ever happened ...

... but the lesson goes unlearnt.

 

[HopalongPetrovski]

Well we're out of the ASX 200 now huh..

I guess we didn't make enough revenue or progress, to warrant staying in.

Neuromorphic A.I. apparently has no future.


Interestingly, Liontown Resources (LTR) are now in the ASX 100 and still with zero revenue.

But they do have a shitload of lithium in the ground and lithium has a rock solid position, as the material for batteries, for the foreseeable future right?? ..

That's the difference, between how technology stocks and mining stocks are valued on the ASX.

BrainChip will change that.

I think it is basically for two reasons.

1. Insufficient and inconsistent revenue up to this point in time.
This makes us virtually impossible to judge by the metrics they apply.

2. Lack of ongoing signed, sealed and acknowledged known contracts.
We here are aware of just how much is going on behind the scenes but we have also seen the negative attacks by some of the financial press,
certain stock recommendations spruiker's and other assorted WANCA's out there.

Our day will come, in the hopefully not too distant future, when we will have those conditions above covered in spades, and we will sail through
the ASX200 on our way to bigger and better things.

 

[SERA2g]

Hi Rob

I was reading this paragraph and was left wondering whether the sentence is poorly structured. Ie, the August 2023 reference is to the timing of when the customers decided to defer their evaluations of Brainchip's technology, instead deciding to wait for gen 2 to be released which is as Tech suggests expected to be released end of September.

If that's the case then whoever wrote the paragraph needs to write better the paragraph was worded terribly.

If as you say, the statement is suggesting that Gen 2 is due for release in August 2023, and the announcement is confirming this circa 4 days before the end of the month then they not only miss August but miss it by almost an entire month, then that would be inexcusable. There'd be reasons i'm sure but you can't committ to a date 4 days out and miss it by 30 days. That's just poor communication/management.

As Jesse mentioned, the board run on US time so perhaps this is all for naught and we'll receive an announcement tomorrow on the 1st of September.

If not then I think the first sentence in this post is the reason for the confusion rather than it being a missed deadline.

Edit. I'm going to ask Tony Dawe, will report back when/if I receive a response.

If we don’t get out shit together soon, we’re going to fade into insignificance. A very disappointing day, especially considering tye great start we had to it.

Also, where the fuck is AKD2000? Did anyone follow up with Tony out of interest?

I got a response which effectively indicated that nothing has changed and 2.0 is still expected to be released and available in IP in late Q3 (September) as reported by Sean Hehir in the June quarterly.

I then probed further to get clarification on why August 2023 was mentioned in the Half Yearly report, no response.

I assume you were correct in your #4 addition to my list of possible outcomes being it was a mistake that was missed when proof reading.

If so, not great that these errors are still occurring but bigger picture is still promising in that the late Q3 release still seems to be on track.

Edit: sorry for late follow up, been a hectic day with end of month... Plus I've been HOOOOVERING shares all day (joking)

 

[HopalongPetrovski]

Why would they sell down at a loss?

Financial prestidigitation. It only appears they have lost.

 

[Boab]

The Brainchip team trying to score their next IP contract.

 

[Cartagena]

Well we're out of the ASX 200 now huh..

I guess we didn't make enough revenue or progress, to warrant staying in.

Neuromorphic A.I. apparently has no future.


Interestingly, Liontown Resources (LTR) are now in the ASX 100 and still with zero revenue.

But they do have a shitload of lithium in the ground and lithium has a rock solid position, as the material for batteries, for the foreseeable future right?? ..

That's the difference, between how technology stocks and mining stocks are valued on the ASX.

BrainChip will change that.

Correct, the funny thing is most small cap mining stocks are also pre revenue just like Brainchip. I think Australia is starting to appreciate technology stocks and it's very important to support companies based here especially ones with a global focus like Brainchip and even the government should be getting behind our company in ways such as grants, funding, joint venture contracts.. Generative and Edge AI is what will drive our economy in the future. It is very narrow minded how the markets see us and once the signed contracts start rolling in I'm sure this will be the tipping point...

 

[Cartagena]

Why would they sell down at a loss?

Good point

 

[Cartagena]

Correct, the funny thing is most small cap mining stocks are also pre revenue just like Brainchip. I think Australia is starting to appreciate technology stocks and it's very important to support companies based here especially ones with a global focus like Brainchip and even the government should be getting behind our company in ways such as grants, funding, joint venture contracts.. Generative and Edge AI is what will drive our economy in the future. It is very narrow minded how the markets see us and once the signed contracts start rolling in I'm sure this will be the tipping point...

The top 10 IoT chipset and edge trends—as showcased at Embedded World 2023​


April 3, 2023

Kalpesh Baviskar

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In short​

• Some of the latest IoT chipset and edge trends were on full display at the 2023 Embedded World Exhibition & Conference (in March 2023).
• As part of the Embedded World 2023 conference report, our team identified 19 industry trends related to IoT chipsets and edge computing, 10 of which are highlighted in this article.

Why it matters​

• Embedded World is one of the world’s most important fairs for embedded systems. Technologies showcased in the fair are widely applicable to any company dealing with computerized hardware or the Internet of Things.

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DOWNLOAD REPORT SAMPLE

About Embedded World 2023​

Embedded World, a leading event for the embedded systems community, was back in action a few weeks ago. The event that took place from 14 March to 16 March 2023 in Nürnberg, Germany, showcased, once again the latest developments and innovations in embedded systems, embedded software, chipsets, edge computing and related topics.

Attendance, although up 55% from the previous year, fell slightly short of reaching pre-pandemic participation levels, with a 16% decrease compared to 2020 (27,000 visitors in total).

IoT Analytics had a team of three analysts on the ground. They visited approximately 75 booths and conducted over 50 individual interviews with the aim of obtaining a comprehensive understanding of the most recent developments in embedded systems with a special focus on IoT.

This article highlights some of the major takeaways; our research clients can refer to the 35-page “Embedded World 2023—the latest IoT chipset and edge trends” event report for an in-depth discussion of the latest trends with examples and important quotes from the exhibitors.

Embedded World 2023​

1. Computation at the edge is becoming more performant​

As the complexity of IoT solutions increases, achieving faster response times while reducing overall latency becomes a key concern. To address this challenge, there is a growing trend toward integrating edge equipment with processors that offer higher computing power. At the fair, motherboard manufacturer Asrock, for example, showcased three state-of-the-art edge devices: 1. Its Edge AIoT hardware platform, iEPF-9020S-EY4/iEP-9020E Series, based on Intel’s 13th-Gen Core Processor (Raptor Lake-S). 2. Its Industrial IoT controller, iEP-7020E, based on the Intel Core i5-1350P processors (Raptor Lake-P). 3. Its edge controller/gateway, iEP-5000G, based on the Intel Atom x6000E processor. According to Intel, its 13th-generation processors improve multi-treaded performance by 41% compared to generation 12. The new Intel Atom processor is marketed to improve graphics performance by two times compared to the previous generation, among other advances.

2. A new AI design cycle for embedded devices is emerging​

The embedded community is getting ready for hardware and devices supporting AI/ML execution at the edge. This means massive hardware design changes and complexity and an increased software stack complexity. AI hardware development company BrainChip showcased its new Akida AI processor IP that integrates with Arm’s new Cortex-M85 for handling advanced machine learning workloads at the edge. Chipmaker Renesas is one of the clients of Akida AI that showcased AI running on Arm Cortex-M85. AI-based machine vision applications are one of the driving forces of AI adoption at this point.