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"
We all know the main reason the sp shit itself and I’m still happy with my last purchase, but not happy now I see red with my holdingI 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...
I think you need to reassess your informational sauces Hopalong
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Is that a double, or triple entendre?..
... but backwards so you don't look conspicuous.This impulsive reaction to the move to the US news just shows how bad the company must ditch the ASX.
We have a retail base that is clueless to the benefits of up listing to the big leagues!!
Th is ASX experience has been like walking up a downward moving escalator.
Dolci stop being a cunt
Go it thanks so much @DiogeneseHi yogi,
The NYSE has a minimum share price and income requirement. I've seen values between $4US and $6US quoted, so say $5US for rgument sake. So there needs to be an adjustment of the number of BRN shares to equate to the required share price. If we assume ASX is valued at $1US at the time of rehoming, that would require a "consolidation" of BRN shares by a factor of at least 5 to get the BRNUS share price above the $5US threshold, so we'll use 5 for simplicity. So if you had 100 BRNAu shares, that would be 20 BRNUS shares.
The adjustment to US dollars does not affect the calculation of the proportion of shares you own, because it cancels out of the equation, applying to the numerator and divisor.
The point to note is that this consolidation is applied to all BRNAu shares, so, if there were 200,000,000 BRNAu shares on issue, that would be consolidated (divided by 5) to 40,000,000 BRNUS shares. This means you still own the same proportion of the company in BRNUS shares (20/40,000,000 = 1/2,000,000) as you did in BRNAu shares (100/200,000,000 = 1/2,000,0000).
You want to play in the "big leagues" you have to be up to the task.This impulsive reaction to the move to the US news just shows how bad the company must ditch the ASX.
We have a retail base that is clueless to the benefits of up listing to the big leagues!!
Th is ASX experience has been like walking up a downward moving escalator.
You assume it’s her.Aren't there supposed to be 4 people in a quartet?..
Maybe because her hands were already full?..
Anyone involved in the setting up of this forum is still holding. In fact I recently increased my holdings and I know of another who did so as recently as today. We just choose to not engage with Donkeys like you.You might find that most of the founding members have already left the scene; no longer holding BRN shares.
Most of us left here are those who got duped by sweet-talkers like FF and now fighting among ourselves.
Sad but true.
Thanks mateYou 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.
Appropriate use of the C word!Dolci stop being a cunt
Thanks for posting. It would be handy if any other posters seeking clarification from Aus Super post their response. I have holdings in 3 accounts including Aus Super.Hi 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
Thanks Bravo, as we know ARM's Core is a traditional system and not neuromorphic. Any neuromorphic 'Edge AI' has to be imported from a 3rd party.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
I love that piece by the way, Bach's 5th?..
You want to play in the "big leagues" you have to be up to the task.
The market influencers here are nothing compared to the sharks over there..
There's a real chance of us being swallowed whole, without pretty much immediate market penetration and success.
If there are substantial tangible deals or benefits, waiting in the sidelines, the Company had better find a way to communicate them, because on our current hit rate, we will be easy prey.
I love that piece by the way, Bach's 5th?..
a good kick up his a... would be more appropriateAtleast you are persistent with the negative view points. Common mate, please stop. Anyone who knows where galaxycar lives please go around and give him a hug. Thanks in advance.