BRN Discussion Ongoing

[Diogenese]

Happy to be here mate and begin providing some actual facts on BRN’s financials rather than just reading all the hype from the chippers. It’s not the first time I’ve posted here though, and I’m glad I’ve got some time off from my other stocks to put some comments on BRN’s financials.

So far I haven’t heard the chippers post anything on BRN’s multimillion dollar operational losses in all the years I’ve owned them. Not surprising really when you look at the figures below.

BRN’s operational losses over the past 5 years (shown below) are over US$100million

2019 were US$11.31million
2020 were US$26.82 million
2021 were US$20.98 million
2022 were US$22.07 million
2023 were US$28.88 million

Anyway, plenty more to add mate, especially when BRN is looking at another year of operational losses, already over US$11 million in the 2024 Half Yearly Report.

Nothing like you techies hyping the stock up, that’s what sucked me in years ago

Well thank goodness someone's turned up to tell us what none of us could have imagined:

Pre-revenue companies spend money.

 

[rgupta]

Hi all, I'm not a chartist but if we can't crack the 31 cent mark would that make this a triple top pattern? View attachment 74619

Is not there are three tops already in this graph and what will mean if it crosses 31 cents?

 

[Rach2512]

Happy to be here mate and begin providing some actual facts on BRN’s financials rather than just reading all the hype from the chippers. It’s not the first time I’ve posted here though, and I’m glad I’ve got some time off from my other stocks to put some comments on BRN’s financials.

So far I haven’t heard the chippers post anything on BRN’s multimillion dollar operational losses in all the years I’ve owned them. Not surprising really when you look at the figures below.

BRN’s operational losses over the past 5 years (shown below) are over US$100million

2019 were US$11.31million
2020 were US$26.82 million
2021 were US$20.98 million
2022 were US$22.07 million
2023 were US$28.88 million

Anyway, plenty more to add mate, especially when BRN is looking at another year of operational losses, already over US$11 million in the 2024 Half Yearly Report.

Nothing like you techies hyping the stock up, that’s what sucked me in years ago

Ou another one bites the dust! Ignore, bye

 

[rgupta]

Well Im more than happy to bet that we will never hit 0.19 even so the few with alternative motives think we could.

View attachment 74633

Anything is possible with a trading stock. But definately it will need a lion's heart to try to bring that on.
Hi all shorters, you are all welcome to bring it down to below 19 cents.
Let the game begin!!!!!!

 

[Ethinvestor]

Solid buying into the daily high at close.........great finish.
View attachment 74626

Happy as Larry (not a TA expert)

Well now that we really closed and have a shaven bottom and a shaven head that is a very strong signal .. i agree great finish…
as the saying goes amateurs open the markets and professionals close… if Pro’s willing to pay the highest price there is something brewing..
Also I seen somebody comment i am only here when price goes up.. No iam always here just not as much and dont comment as much as now Iam on holiday in Bali for a month

 

[Pom down under]

Anything is possible with a trading stock. But definately it will need a lion's heart to try to bring that on.
Hi all shorters, you are all welcome to bring it down to below 19 cents.
Let the game begin!!!!!!

That be great as I don’t get my super for a few weeks

 

[Pom down under]

Is not there are three tops already in this graph and what will mean if it crosses 31 cents?

We head to 0.09 cents lol

 

[Diogenese]

Queue the "Please explain" again.

Techies are to be treated with caution on an exchange which only understands drilling holes, digging it up, and shipping it out. Commiserations on AVZ. Is there a lesson there for BRN investors?

What's a neuromorphic chip anyway?

 

[7für7]

Well now that we really closed and have a shaven bottom and a shaven head that is a very strong signal .. i agree great finish…
as the saying goes amateurs open the markets and professionals close… if Pro’s willing to pay the highest price there is something brewing..
Also I seen somebody comment i am only here when price goes up.. No iam always here just not as much and dont comment as much as now Iam on holiday in Bali for a month

So you’re basically here when it goes up nothing wrong with it bro…

 

[TheDon]

Said to my brother this morning that if the SP finished at .30cents and tomorrow .40cents that will extend our holiday for another week.
My brother is a BRN holder aswell. So .10 cents more to go.


TheDon

 

[Diogenese]

Said to my brother this morning that if the SP finished at .30cents and tomorrow .40cents that will extend our holiday for another week.
My brother is a BRN holder aswell. So .10 cents more to go.


TheDon

Happy holidays!

 

[7für7]

Said to my brother this morning that if the SP finished at .30cents and tomorrow .40cents that will extend our holiday for another week.
My brother is a BRN holder aswell. So .10 cents more to go.


TheDon

So your brother bought in today, and that’s why it went up to 30 cents? And tomorrow he’ll keep pushing it to 40 cents, just so he can take another week of vacation? Really? And in three weeks, he’ll sell everything, and we’ll drop back to 24 cents? No, no, please, God, no!”

 

[Pom down under]

Haha look at all the techie’s coming out to defend the stock and tell me all about myself and using the same old lines.

Couple of things fellas, I’ve never shorted a company in the 35 years I’ve held shares. I’m also not scared to post facts on a company on a day it goes up 20%.

I’m glad someone posted about recognising the over US $100 million operational losses over the last 5 years, who knows the next thing you might even acknowledge the share dilution and multiple capital raises just to keep BRN running.

You might even give a reason for how a company that’s running on over US$100million operating losses over the last 5 years is worth US$400million?

Remember the last jump to $0.30c after news of hearing aid company Starkey using AI and the TSE posting adds of hearing aids between chippers post. Didn’t take long to realise it had nothing to do with BRN and the SP dropped back to to $0.23.

The thing about BRN, if anyone does eventually decide to put their chips into anything of value, there will be plenty of time to buy more, despite what you chippers say.

In the meantime I’ll be following the share price, I know it goes up ahead of the Annual Report and when that happens, like this year, it’ll be another rise before the fall.

 

[DingoBorat]

Haha look at all the techie’s coming out to defend the stock and tell me all about myself and using the same old lines.

Couple of things fellas, I’ve never shorted a company in the 35 years I’ve held shares. I’m also not scared to post facts on a company on a day it goes up 20%.

I’m glad someone posted about recognising the over US $100 million operational losses over the last 5 years, who knows the next thing you might even acknowledge the share dilution and multiple capital raises just to keep BRN running.

You might even give a reason for how a company that’s running on over US$100million operating losses over the last 5 years is worth US$400million?

Remember the last jump to $0.30c after news of hearing aid company Starkey using AI and the TSE posting adds of hearing aids between chippers post. Didn’t take long to realise it had nothing to do with BRN and the SP dropped back to to $0.23.

The thing about BRN, if anyone does eventually decide to put their chips into anything of value, there will be plenty of time to buy more, despite what you chippers say.

In the meantime I’ll be following the share price, I know it goes up ahead of the Annual Report and when that happens, like this year, it’ll be another rise before the fall.

So you want to buy BRN shares though right?

Just you don't want to pay current market prices, right?

Or are you just upset, that your holding increased in value?..


It's True, a 20% jump in one day, on no news, is odd.
Not odd for BrainChip in the past, but odd, considering recent sentiment.

It's either Market Movers, or shorters pumping for a Christmas Eve pay day on a retrace, or there is big news on the horizon and subsequent buying by individuals in the know.

BrainChip has proven recently, that it is not a completely leak proof ship and with so many other Companies involved, no Company can be.

Personally, regardless of whether games were being played today or not, I am confident of BrainChip's Future success.

"The thing about BRN, if anyone does eventually decide to put their chips into anything of value, there will be plenty of time to buy more, despite what you chippers say"

This is true, there is always Time to buy BRN shares.

But BrainChip, is a very closely watched Company, are you saying and really believing, that if a very large Entity, of the type that the Company has said would make them virtually "profitable overnight" signed an IP deal, that you could buy at today's or lower prices?..

You don't "look" that stupid..

 

[Boab]

 

[Diogenese]

What's the rush?

 

[manny100]

Bitter sweet for me.
Had an order in since Friday. Very early in the que this morning but BOOM and off went the SP and i missed. I have been topping up in expectation of good things for BRN in 2025. I still want more.
Today was a simple case of a squeeze up on volume out of a range with some market expectations thrown in.
BRN is still driven by traders so it will be interesting where the SP goes from here.
Raised the order amount a bit in case we see a fib retrace.
The reality is that BRN is better placed than ever before to commence growth and the market knows this.

 

[7für7]

So you want to buy BRN shares though right?

Just you don't want to pay current market prices, right?

Or are you just upset, that your holding increased in value?..


It's True, a 20% jump in one day, on no news, is odd.
Not odd for BrainChip in the past, but odd, considering recent sentiment.

It's either Market Movers, or shorters pumping for a Christmas Eve pay day on a retrace, or there is big news on the horizon and subsequent buying by individuals in the know.

BrainChip has proven recently, that it is not a completely leak proof ship and with so many other Companies involved, no Company can be.

Personally, regardless of whether games were being played today or not, I am confident of BrainChip's Future success.

"The thing about BRN, if anyone does eventually decide to put their chips into anything of value, there will be plenty of time to buy more, despite what you chippers say"

This is true, there is always Time to buy BRN shares.

But BrainChip, is a very closely watched Company, are you saying and really believing, that if a very large Entity, of the type that the Company has said would make them virtually "profitable overnight" signed an IP deal, that you could buy at today's or lower prices?..

You don't "look" that stupid..

Yeah but a drop of -30% without news is legit for them… what a logic