BRN Discussion Ongoing

[The Pope]

Aussie Super allows you to buy ASX300. You are good to go.

Are we sure BRN are still in the asx300?

Regardless I’m of the understanding a super company can’t not force you to sell your shares in a company because the company is not in the asx300. It’s just you can’t buy anymore after the exit date from asx300.

 

[Dozzaman1977]

Are we sure BRN are still in the asx300?

Regardless I’m of the understanding a super company can’t not force you to sell your shares in a company because the company is not in the asx300. It’s just you can’t buy anymore after the exit date from asx300.

Yes still in asx300.
Yes super cannot mandate that you sell shares that have fallen outside a certain index, only what you can buy in a certain index.

 

[Dozzaman1977]

Congrats to Weebit Nano for entering the ASX200
Market cap of just over 700mil
Lets see how they go in the ASX200 with no current revenue.

 

[Rodney]

So it unfolds like this????

Funds that hold BRN because we are in the ASX200 now have to sell us out of the fund. In the process they call back the shares that have been lent to shooters. To return the shares the shorter have to cover their short position (buy back) to the extent their borrowed shares originated from an ASX200 (only) fund.

Seems like a net neutral to me.......funds sell BRN and shorts cover (buy) the shares they have shorted that originated (were borrowed) from these funds.

So maybe after the dust falls the shares are slightly more difficult to borrow for shorting purposes....maybe.....as only about 7% are borrowed now...it's not like 40% are borrowed.

So my conclusion it is a NON EVENT event although we will see higher volume shuffling over the next two weeks.

Disagree....please elaborate.

Thanks

If what you say is how it works I think your assumption is a little off. If they need to return those shorts then the return would have to happen first and with the pool of available shares being smaller from all of us that have being adding to our holdings you would think it would put upward pressure on the share price. Hopefully we have a bit of buying from more investors eager to get in while cheap adding to the pressure of available shares. In saying this I haven’t really got a clue and most probably 100% wrong

 

[FabricatedLunacy]

Aussie Super allows you to buy ASX300. You are good to go.

See I don’t even know that. So we now in ASX300? Mr clueless here . Thanks.

 

[FabricatedLunacy]

Congrats to Weebit Nano for entering the ASX200
Market cap of just over 700mil
Lets see how they go in the ASX200 with no current revenue.

Yep my other roller coaster ride .

 

[HopalongPetrovski]

So it unfolds like this????

Funds that hold BRN because we are in the ASX200 now have to sell us out of the fund. In the process they call back the shares that have been lent to shooters. To return the shares the shorter have to cover their short position (buy back) to the extent their borrowed shares originated from an ASX200 (only) fund.

Seems like a net neutral to me.......funds sell BRN and shorts cover (buy) the shares they have shorted that originated (were borrowed) from these funds.

So maybe after the dust falls the shares are slightly more difficult to borrow for shorting purposes....maybe.....as only about 7% are borrowed now...it's not like 40% are borrowed.

So my conclusion it is a NON EVENT event although we will see higher volume shuffling over the next two weeks.

Disagree....please elaborate.

Thanks

In essence, yes.
But please understand I do not consider myself an expert in this area and these are just my views and observations.
Furthermore we are still in the ASX300, which I believe, means we will still have a target on our backs, if now of perhaps, a somewhat diminished nature.

Hopefully after some short term volatility whilst accounts are settled on both sides of the ledger, theory would suggest that big player manipulation should divert to newly admitted fatted calves into the index, such as WBT. Whom I note has been under increasing pressure recently.
But some no doubt will continue to squeeze us whilst it remains profitable to them.

I am now of the opinion that being admitted to the ASX300 puts a company under scrutiny by these players and given the fact that certain criteria qualify it as suitable, test attacks and probes are initiated to further hone attack strategy’s that will be implemented upon it’s inclusion in the ASX200.
I have observed this with both BRN and IMU whose trades I follow closely.
Of course, there are many other factors that contribute to a share price’s rise and fall that have nothing to do with manipulators efforts but I am now much more keenly aware of their tactics which need to be accounted for when making investment decisions.

Since becoming a part of the ASX200 in June 2022 our share price has fallen from highs around the $1.30 mark to where we languish today.
For many of us that elected to hold and/or accumulate during this period under the impression or conviction that commercial success would occur sooner than has transpired, that equates to paper losses in the hundreds of thousands of dollars and for many retail investors that can be devastating if for any reason they are forced to sell. So, whilst this last little untangling may prove to be relatively “neutral” in the big scheme of things I wouldn’t personally classify the experience as a NON EVENT.

Hind sight of course is 20/20 and wherever assets are traded there will always be winners and losers, but I feel for those of us caught on the wrong side of this event and who have perhaps had their hands forced because they have been pushed into survival mode.
Hopefully a lesson learnt here by those who cut their cloth a little too close to the bone.
By Jove I love me a mixed metaphor.
GLTAH

 

[GStocks123]

Socionext on their new Automotive radar solution. (2:10 mark)

-0.7mW average power consumption
-No CPU required

 

[TheFunkMachine]

That's right. There is great value and prestige in the validation that space applications will bring. If ANT 61 works, hat will be heard around the world.

I asked Chat GPT of the importance of validating new technologies in space. This is its answer. I know Chat GPT can not be taken as absolute true, but I personally think it gave a great argument for why collaborating with Companies like NASA is vitally important for new technologies before it will be adopted in scale on earth.

Historically, the validation and testing of new technology in outer space, particularly by organizations like NASA, have played a vital role in the advancement and adoption of technology. Here are some examples and key points explaining the importance of this process:

1. Safety and Reliability: Before any technology is integrated into mainstream products or used on a global scale, it must be proven to be safe and reliable. Space environments are extremely harsh, subjecting equipment to extreme temperatures, vacuum, radiation, and other challenging conditions. Through rigorous testing in space missions, engineers can ensure that the technology can withstand these conditions, thereby enhancing its safety and reliability for everyday use.

2. Performance Optimization: Space exploration often demands cutting-edge technology to overcome the challenges of long-distance communication, propulsion, navigation, and power generation. By testing and validating technologies in space missions, scientists and engineers can identify potential performance limitations, improve efficiency, and optimize these technologies for better performance on Earth. This process helps drive innovation and ensures that technologies reach their full potential before being integrated into mainstream products.

3. Building Confidence and Credibility: Collaborations with renowned space agencies like NASA contribute to building confidence and credibility for new technologies. The association with prestigious space programs helps highlight a technology's capabilities, reliability, and suitability for various applications. This, in turn, encourages global companies to incorporate these technologies into their products, facilitating wider adoption and acceptance in the marketplace.

4. Tackling Unique Challenges: Space environments present unique challenges that are different from those on Earth. Technologies deployed in space often need to overcome issues related to radiation shielding, miniaturization, power efficiency, and long-term reliability. By solving these challenges, new technologies can pave the way for innovative solutions in various industries, revolutionizing everything from healthcare and communications to transportation and energy sectors.

5. Partnerships and Collaborations: Working with space agencies like NASA allows companies to collaborate with experts and researchers in the field. Such partnerships facilitate knowledge exchange and promote cross-disciplinary developments. This not only helps in refining existing technologies but also enables companies to explore new possibilities and applications.

In summary, proving, testing, and validating new technologies in outer space, with agencies such as NASA, has been and continues to be important before mainstream adoption. It ensures safety, reliability, performance optimization, credibility, and provides unique learning opportunities to overcome challenges. The involvement of space agencies contributes to the advancement of technology and paves the way for its integration into various products and industries on a global scale.

 

[HopalongPetrovski]

Does anyone know how to get in on the Arm IPO?

Hi JoMo.
I had a bit of a look a week or so ago but not having much experience with overseas trades got scared off by the potential of being ripped off.
I think scammers will be all over the run up to this event and so I decided to skip the IPO and buy on market after its listed through Nabtrade.
Am perhaps feeling a little gun shy atm.
Good luck.

 

[Boab]

See I don’t even know that. So we now in ASX300? Mr clueless here . Thanks.

We've been in the top 300 for some time.
We will have t put on a better performance to get back into the top 200.
I think we will both be very happy that we have continued to buy each time we've dropped below 20% of our total funds value.
Cheers

 

[JoMo68]

Hi JoMo.
I had a bit of a look a week or so ago but not having much experience with overseas trades got scared off by the potential of being ripped off.
I think scammers will be all over the run up to this event and so I decided to skip the IPO and buy on market after its listed through Nabtrade.
Am perhaps feeling a little gun shy atm.
Good luck.

Thanks Hopalong, I registered my interest through CMC markets and am supposed to be kept informed of details via email, but haven’t heard anything yet. Sounds like it is happening soon so I was surprised to have heard nothing yet. Hope you’re well.

 

[HopalongPetrovski]

Tuesday, if it drops me below 20% again... Transferred more money in super direct account. Or maybe I am no longer able to buy it since we are no longer ASX200. Hmmm wonder if I get a letter saying "you can't hold anything not in ASX200 bla bla..." Best stay put and quiet until we departed for the moon.

You can probably still add more until it is officially kicked out in a couple of weeks.
After that you’ll probably only be allowed to hold or sell.
That’s how my super fund has it set up anyway.

 

[Boab]

You can probably still add more until it is officially kicked out in a couple of weeks.
After that you’ll probably only be allowed to hold or sell.
That’s how my super fund has it set up anyway.

Not Australian Super Hoppy. We are allowed to trade any stocks in the ASX300

 

[HopalongPetrovski]

Not Australian Super Hoppy. We are allowed to trade any stocks in the ASX300

You may be right with my mob too.
Been awhile since I last checked.

 

[Kachoo]

So it unfolds like this????

Funds that hold BRN because we are in the ASX200 now have to sell us out of the fund. In the process they call back the shares that have been lent to shooters. To return the shares the shorter have to cover their short position (buy back) to the extent their borrowed shares originated from an ASX200 (only) fund.

Seems like a net neutral to me.......funds sell BRN and shorts cover (buy) the shares they have shorted that originated (were borrowed) from these funds.

So maybe after the dust falls the shares are slightly more difficult to borrow for shorting purposes....maybe.....as only about 7% are borrowed now...it's not like 40% are borrowed.

So my conclusion it is a NON EVENT event although we will see higher volume shuffling over the next two weeks.

Disagree....please elaborate.

Thanks

I agree it's a non event but I see 2 favors could play out for the long.

If the index fund needs to sell share out of the fun these companies have multiple funds the will just do a cross trade to that fund that can based on their policies hold BRN. The shorter on the other hand is left to cover in 2 places.

1. Through The fund at an agreed price possibly ?
2. On open market.

The open market could get interesting as there has to be a real share sold to cover the share.

IMO many trades are the same instos trading left hand to right hand lowering price but only a few real shares were picked up from an exhausted holder.

Now the key question is what are retails willing to sell at to the shorter if they have to go to open market.

The short rally could run to 50 cents or 1.50 who knows and who knows the real value of BRN. That is where i think the SP will recover to. Im tak takjng revenue out of the equation at the moment.

We also know BRN closed the cap raise at 58 cents or so I think the Board values the shares at 60 cents a piece why? Was this a possible offer price that was turned down?

We also know that BRN was shorted from a while back so not all shorts are at thus low price. But those that shorted at 1.50 may say well i make more buying back at 33 not 60 cents.

Also a not on Thursday the run from 28 to the low 30s that was one swoop buy that the manipulator was caught on and it apparently pissed them off so much they called a BS hault to take the momentum out if the sp on Friday.

I FOR some reason believe buyer is not finished it was ther first nibble. After the hault things returned back to normal with the down push.

And this buy was so different then the usual pump ups we have seen through the last 2 years on the down trend.

They say the trend is your friend but sometimes friends stop being friends.

IMO we have seen a shift.

Also If Mercedese say they are continuing with Nueromorphic it will improve the momentum for us and if we are comercial with them and that is announced then we'll I don't need to say.

 

[Foxdog]

View attachment 43631

Published 6 hours ago

The Mercedes-Benz Concept CLA Class will make its debut at the event to give us an early look at a new family of models.

We'll need to wait until the show opens its doors to the press on Monday (Sept. 4), to see the Concept CLA Class from every angle, but a dark preview image released by the brand confirms the model looks nothing like the CLA that's currently in showrooms. It wears a futuristic-looking front end characterized by an oval grille, a light bar, and semi-circle-shaped LED accents with Mercedes-Benz star-like inserts.

Mercedes-Benz boss Ola Källenius confirmed the Concept CLA Class rides on a new architecture called MMA; the production-bound cars inspired by the design study will use this platform as well. Powertrain specifications haven't been released, but the company notes power comes from an "ultra-efficient" electric powertrain related to the system that powers the Vision EQXX concept unveiled in January 2022.

That's significant, because the Vision EQXX covered the 747 miles separating Stuttgart, Germany, and Silverstone, England, on one charge. It's a concept, bringing it to production as-is isn't feasible, but the lessons learned during the project will permeate MMA-based cars. "You need to improve every single area. Everything that has a weight needs to become lighter, everything that transfers energy needs to become more efficient, and everything that’s on the outside needs to be as aerodynamic as possible," Mercedes-Benz told me after I drove the car.

Interior photos haven't been released, but the Concept CLA Class will inaugurate a new operating system called MB.OS. We're curious to find out if the Vision EQXX, which featured a dashboard-wide screen and an elegantly minimalist interior, will also influence the cabin layout.

Stay tuned: More details about the Mercedes-Benz Concept CLA Class will emerge in the coming days. As for what's next, an unverified report from October 2022 claims the first EQXX-inspired, MMA-based car will land in showrooms in 2024 as a CLA-sized electric model.


.....

View attachment 43632

...
So

1. Akida technology is included in the EQXX concept car.
2. The Concept CLA class being unveiled next week is the first car to be launched using EQXX technology, including new operating system MB.OS
3. One can conclude that Akida technology will be in the concept CLA class.
4. First sales in 2024.

Well, next week could be very interesting indeed.
Out of the ASX200, but confirmed in the CLA class being launched in 2024

What, on earth, will the shorters do !!

Does anyone here think that if we're still involved with Merc that we won't be mentioned at the Munich motor show?

 

[IloveLamp]

 

[Dozzaman1977]

Socionext on their new Automotive radar solution. (2:10 mark)

-0.7mW average power consumption
-No CPU required

Yes
And It can also do gesture recognition !!!
I have my view on this but I'll keep my opinion to myself.

Thanks for posting, exciting stuff on the way!!!!

 

[Kachoo]

Does anyone here think that if we're still involved with Merc that we won't be mentioned at the Munich motor show?

I think there is a higher possibility we dont get mentioned thennwe do personaly.

But the SP is so beat up there may be some bones thrown and I do not this we would see that huge price spice like last time yet untill there consistent revenue.

The question is is a comercial announcement warranted after the release of the product by MB if we are in the comercial product if we are in the CLA concept I don't know what will be said.

After that rant I'll say I don't know.

What I d oi know is based activity and pre MB spike we are undervalued IMO The value sits at about 60 cents based on The CR that BRN stopped LDA at 58 cents.
.
But markets correct and provide fore sales in my opinion. The ASX 200 punt is probably the best thing that could happen imo at this time.