BRN Discussion Ongoing

[Diogenese]

Leaving aside any bed-wetting/dummy-spitting sentiments I may harbour, I'm happy with that - an extra $22M in the bank and we each get a chance to increase our holding by $30k (well 100 of us do).

 

[7für7]

It’s good to express your feelings… go ahead, say what’s bothering you. Better than keeping it inside. However, I believe that we personally can't do anything about the situation… neither you, him, her, nor I are to blame or have any influence over the development. In the end, there are only three options: hold, buy, or sell, and vote accordingly. Sure, you could apply for a position with the advantage of saying, “I’m a BrainChip shareholder and have a vested interest in a profitable company.” So, vent for a day and let’s get back to business.

Edit: 4 options

 

[keyeat]

It could be

I am coming to the opinion that Sean has to go and a new strategy is needed. The current strategy clearly is not working. And why can't they close these sales? They say they are close, but they have actually been saying that for over 12 months now. What is actually going on?

Kick him out !

 

[7für7]

Here are the links of today’s announcement for everyone who don’t want to search by himself

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02831379-2A1537324&v=4015c7b87631faf94ecd96975272ff9ad5cb14c3

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02831380-2A1537271&v=4015c7b87631faf94ecd96975272ff9ad5cb14c3

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02831381-2A1537323&v=4015c7b87631faf94ecd96975272ff9ad5cb14c3

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02831382-2A1537326&v=4015c7b87631faf94ecd96975272ff9ad5cb14c3

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02831383-2A1537279&v=4015c7b87631faf94ecd96975272ff9ad5cb14c3

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02831384-2A1537283&v=4015c7b87631faf94ecd96975272ff9ad5cb14c3

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02831385-2A1537287&v=4015c7b87631faf94ecd96975272ff9ad5cb14c3

 

[Bravo]

I'm happy with that - an extra $22M in the bank and we each get a chance to increase our holding by $30k (well 100 of us do).

If you were going to increase your holding, wouldn't you just buy now at 18.5 cents instead of 19.3 cents?

 

[FiveBucks]

I don’t know about you but I’m not a day trader or something… people loose their money by overreacting selling low because of irrational thoughts… I don’t care about what is now… i still think we can get a nice turnaround

Definitely not a day trader. I've been on this rollercoaster for years.

If I own 1 share for 20 cents in a company worth 1 dollar. That company increases in value to $5 and the value of my share is now $1.

With the credit raise, my share in the company (with the company value at $1) has gone from 20 cents to 19 cents. So if the company increases to a $5 market cap, my holding is only worth 95 cents, not $1.

Dilution.

Unfortunately, all of our shares are worth less now, regardless of people selling etc and the share price dropping as a result.

 

[Diogenese]

If you were going to increase your holding, wouldn't you just by now at 18.5 cents instead of 19.3 cents?

In the immortal words of Mr Creosote "I'll have the lot!"

 

[Diogenese]

In the immortal words of Mr Creosote "I'll have the lot!"

Sorry, sorry, ... normal transmission will resume shortly.

In the meantime, some elevator music ...

Buying shares under the SPP provides cash for the company, whereas buying ASX shares delivers the cash to some random capitalist.

 

[7für7]

But here it’s better than on crapper

We've been spendin' most their lives livin' in the shorters paradise
We've been spendin' most their lives livin' in the shorters paradise
We keep spendin' most our lives livin' in the shorters paradise
We keep spendin' most our lives livin' in the shorters paradise


It’s time to change direction Sean

 

[Diogenese]

Sorry. sorry, ... normal transmission will resume shortly.

In the meantime, some elevator music ...

Buying shares under the SPP provides cash for the company, whereas buying ASX shares delivers the cash to some random capitalist.

I only buy shares to stop the capitalists from getting them.

 

[7für7]

Definitely not a day trader. I've been on this rollercoaster for years.

If I own 1 share for 20 cents in a company worth 1 dollar. That company increases in value to $5 and the value of my share is now $1.

With the credit raise, my share in the company (with the company value at $1) has gone from 20 cents to 19 cents. So if the company increases to a $5 market cap, my holding is only worth 95 cents, not $1.

Dilution.

Unfortunately, all of our shares are worth less now, regardless of people selling etc and the share price dropping as a result.

I mean it’s ok but you don’t have to tell us how many shares you have… anyways … one share is more than no share… (JK)

I know what you mean but there is nothing what you, I or someone else can do about it… its not my fault.. I just keep staying positive. Mindset is very important. Everyone can think what he want

 

[Yoda]

If you were going to increase your holding, wouldn't you just buy now at 18.5 cents instead of 19.3 cents?

Particularly given that soon you'll be able to buy at under 10c unless something changes fast . . .

 

[7für7]

New

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02831433-2A1537359&v=4015c7b87631faf94ecd96975272ff9ad5cb14c3

Lucky Australia.. but…. Why should I buy for 0,19.. when I can get them for 0.185?

 

[Bravo]

I just had a cup of soothing camomile tea to see if it would help me cool my jets and I can report back that it did jack sh#t.

 

[Fullmoonfever]

I just had a cup of soothing camomile tea to see if it would help me cool my jets and I can report back that it did jack sh#t.


View attachment 67047

Needs a vodka chaser....well....maybe a bottle

 

[SiDEvans]

Youd be better off buying them on market. Wonder who’s going to take up this ridiculous offer?

 

[Shadow59]

Why not? (insert bong here)

View attachment 67048

It would be a good deal if they announced a serious contract on the next few days

 

[Xray1]

Brainchip Holdings Ltd (BRN) floated on the Australian Securities Exchange (ASX) on Wednesday, 9 November 2011.
BRN's current share price of $0.18 is a -$0.08 or 30% discount to its original offer price of $0.25.

 

[Gazzafish]

Offering shares at 0.193 in a couple of weeks time as a “special deal” doesn’t really make sense to me unless in a couple of weeks time they expect the actual share price is much higher?? Hmmm

 

[Bravo]

It would be a good deal if they announced a serious contract on the next few days

That's true @Shadow59 and I sincerely hope that this will happen in due course, hopefully whilst my sanity is still somewhat in tact.