Lolci
Emerged
See you tonight and don’t forget to.........update on the saga that is taking place, so we hit that 20s I see ..........![]()
See you tonight and don’t forget to.........update on the saga that is taking place, so we hit that 20s I see ..........![]()
I think that I will finally go fully self managed.... and use the funds from the fire sale to purchase the US stock for the longer term????It will vary from fund to fund.
Suggest you contact yours and after explaining the situation see if it is an issuer you.
In my case the shares I have in my retail super fund are held in my name and I am what's called the beneficiary, but I don't actually own them.
Whilst I can arrange to buy more (within a percentage limit of my overall holding in the fund) or sell, I have to do it through their platform and using their broker. This can take up to 3 days for execution from the time I push the go button, so requires both some foresight and luck, particularly if doing an at market price transaction.
Beyond that, in order to buy, the stock must be within the ASX300 or better.
Once "owned" it doesn't matter if the stock falls out of the 300, but, if it gets delisted it will be sold at whatever the market is offering before it ceases to exist.
So, in this scenario I would endeavour to sell at whatever I thought was the highest likely price whilst I still had agency.
Then, theoretically I could use that money to buy in under the new ticker at the new exchange, but unless it has become very well known, very quickly, it's unlikely my fund would have it listed as an approved foreign equity. Of course I could still buy it outside of my super or set up a new fund which allowed it, but I know my existing fund will not allow a simple transfer from the existing holding to whatever it will become.
Hope that makes some sort of sense.
This is probably not an issue if you are self managing your own super fund but would probably depend on if it is allowed according to its rules which may be covered in the vanilla versions, but not having done it, don't know.
Calm your tits buddy. What I meant was founding members of this cult site.You are scum.
You've well and truly shown your hand now, with that piece of utter Bullshit.
"You might find that most of the founding members have already left the scene; no longer holding BRN shares
Would you care to substantiate that comment?
No you can't, because you're a complete piece of shit.
You are an d@khead. Leave it at that..........update on the saga that is taking place, so we hit that 20s I see ..........![]()
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Thought you'd just drop in for a bit of gloating eh Dolci?I hope you still have some bus money as the bus is running late this year according to Anil........lol.... loaded & ready for the next journey...
Apologies then DK.Calm your tits buddy. What I meant was founding members of this cult site.
No comments from them since this thing has gone to sh!t
Aren't there supposed to be 4 people in a quartet?..Meanwhile, over on Facebook.....................Album covers that just shouldn't be.......
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I assume you are holding BRN.AX on the ASX. If the thing goes ahead, on the conversion day, you will have your number of shares multiplied by the last traded ASX price and multiply by the AUD/USD exchange rate to get your shareholding holding value in USD. Whatever the initial USD price will be, it will divide into your USD holding value to arrive at the number pf new US shares. Thereafter, you are on your own.So can Someone please educate me please I try to ask this to BRN but i got as its not finalized yet so cant give hypothetical answer. if all goes to their plan what will happen to our holding. will I still be shareholder with same number of shares or it will be adjusted as per US$. I do hold other shares too the worry is this is my biggest holding :-( Thanks in advance Previosly "Baisyet"
Building on the points above, it seems like quite the "coincidence" that Arm has just announced its new ArmV9 edge AI platform—featuring the Cortex A320—in Korea.
Meanwhile, BrainChip just happened to post a job listing for a Regional Sales Manager in… you guessed it—Korea!
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Arm eyes expansion in Korea with AI chip designs for IoT devices
Posted : 2025-02-27 17:00
Updated : 2025-02-27 17:10
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Arm Korea President Hwang Seon-wook speaks during a press conference at the Plaza Seoul hotel in Jung District, Thursday. Korea Times photo by Nam Hyun-woo
By Nam Hyun-woo
Chip architecture giant Arm announced its latest platform for edge artificial intelligence (AI) for Internet of Things (IoT) devices in Korea on Thursday, expressing hopes that the new solution will empower various AI-powered IT devices and home appliances developed by client companies here.
During a press conference in Seoul, Arm Korea President Hwang Seon-wook revealed the Armv9 Edge AI platform, which includes the Cortex-A320 CPU and the Ethos-U85 neural processing unit designs and related architecture and software tools to help developers produce their chips and other solutions.
Edge AI refers to processing AI tasks directly on devices such as smartphones, autonomous vehicles, home appliances and sensors without relying on remote servers. The importance of Edge AI is growing as more IoT devices are powered by AI, and the increasing workloads for AI in the cloud are pushing such devices to handle AI tasks locally.
“In the areas of smart homes, smart cities and industrial automation, the importance of edge AI has grown, and device makers are expecting Arm to drive the entire ecosystem,” Hwang said. “To meet industry expectations and maximize Edge AI, the new Armv9 platform will be introduced.”
According to Arm, the Armv9 platform delivers an eight-fold improvement in machine learning performance compared to the Cortex-M85-based platform the company launched last year. The new platform comes with the latest Cortex-A320 CPU design, which is specifically optimized for IoT applications due to its power efficiency.
The Cortex-A320 takes advantage of Armv9 architectural features to deliver a 10-fold improvement in machine learning performance and a 30 percent scalar performance uplift compared to its predecessor, the Cortex-A35.
Arm said the Cortex-A320 CPU completes the company's CPU portfolio, which spans from ultra-efficient models for IoT devices to performance-oriented ones for servers, offering a wide range of options for partner companies.
Hwang said he expects client companies will begin making physical chips using Cortex-A320 from 2026, but they will not likely require the most advanced fabrication processes such as 2 nanometers. Also, a number of clients are now evaluating the Cortex-A320 and the Ethos-U85 designs, with possible applications for various appliances and chips.
Read More
Regarding questions about Arm's plan for a license fee hike, Hwang said he is not in a position to answer but added that Arm aims to support the success of its Korean partner companies.
“We have many customers in Korea using our Arm solutions — the proportion of users in Korea is probably the highest in the world. Startups are building and validating their solutions and products on this foundation, developing competitive products, and using that as a stepping stone to enter the global market,” Hwang said. “Our goal is to ensure the success of our partners.”
In January, Reuters reported that Arm is developing a long-term strategy to hike prices by as much as 300 percent, potentially affecting chips and smartphone makers, including Samsung Electronics.
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Arm eyes expansion in Korea with AI chip designs for IoT devices
Chip architecture giant Arm announced its latest platform for edge artificial intelligence (AI) for Internet of Things (IoT) devices in Korea on Thursday, expressing hopes that the new solution will empower various AI-powered IT devices and home appliances developed by client companies here.www.koreatimes.co.kr
Cheers PopeHi all positive and negative posters.
There has been some very concerning posts in the past couple of days linked to we would be forced to sell our shares through our super funds. The below is advice I received from Australian Super only.
I got this directly from the representative at AustralianSuper fund (direct investment option platform) tonight at 730pm (open to 8pm)
It is not up to Australian super with how a company is delisted on the ASX so if the BOD of BrainChip wish to delist from the ASX and transfer to a US stock exchange then Australian Super will not force you to sell your shares.
If the BRN BOD state in their ASX announcement that they will honour and look after all their retail share holders etc transferring to the overseas stock exchange then it will happen on the T&C’s outlined by BRN BOD.
The guy said once the delisting and transfer to new stock exchange has occurred then it may take a week or two before you see your investment switch in your own direct investment option with Australian Super but nothing to worry about as all the costs will be with BRN. Yes probably funded by LDA’s capital raise etc or any contract wins before the proposed ASX delisting.
Hope this helps ease some minds but don’t care what the likes of Dolci, mickleboro and co state in their posts linked to this delisting or other shite as it’s all scare mongering from my point of view.
Let’s go with the Facts on this proposed delisting by BRN BOD based on what their intentions are based on the details provided in their ASX announcement the other day
Have a good weekend and try to relax with a few beverages tonight even though it has been a rough couple of days dealing with all that has been announced via BRN on ASX.
Note - please still DYOR as this may not cover some other super funds. Give them a call next week and share your experiences on TSE and even the crapper.
Cheers
The Pope
Got a link please?
I think you need to reassess your informational sauces HopalongMeanwhile, over on Facebook.....................Album covers that just shouldn't be.......
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Dolci stop being a cunt.........update on the saga that is taking place, so we hit that 20s I see ..........![]()
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C U Next Tuesday is a common phrase amongst nurses to indicate the type of patient in the room when there is a shift happening.Dolci stop being a cunt
Hi yogi,So can Someone please educate me please I try to ask this to BRN but i got as its not finalized yet so cant give hypothetical answer. if all goes to their plan what will happen to our holding. will I still be shareholder with same number of shares or it will be adjusted as per US$. I do hold other shares too the worry is this is my biggest holding :-( Thanks in advance Previosly "Baisyet"