BRN Discussion Ongoing

[DK6161]

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.

If you bought shares in a (any)company based on the anonymous opinions of a random stranger online then I have a bridge to sell you.

Have a nice night!

I doubt each one of the founding members is still holding.
Since you directly attacked me, care to explain to us Donkeys how do you know that?
Have a great day!

 

[MadMayHam | 合氣道]

Below are the successful companies that transferred or shifted their primary listing from the Australian Securities Exchange (ASX) to a United States stock exchange (Nasdaq or NYSE), along with how they benefited from the move.

1. Atlassian Corporation

• Original Listing: ASX (ticker: ATM, limited early listing in 2005).
• U.S. Listing: Nasdaq (ticker: TEAM, primary listing since December 2015).
• Details of Move: Atlassian, a Sydney-based software company, conducted a small IPO on the ASX in 2005 but later pursued a full Nasdaq listing in 2015, effectively shifting its primary market to the U.S. It redomiciled to the U.K. for tax purposes but chose Nasdaq over maintaining an active ASX primary listing.
• Benefits:
  • Access to Capital: The Nasdaq IPO raised $462 million at $21 per share, valuing the company at $4.4 billion—far exceeding what the ASX could likely support for a tech firm at that stage. By 2025, its market cap exceeds $40 billion, reflecting massive growth fueled by U.S. investment.
  • Investor Base: Listing on Nasdaq exposed Atlassian to U.S. institutional investors and tech-focused funds (e.g., Vanguard, BlackRock), which dominate the software sector and prefer U.S.-listed stocks.
  • Global Visibility: Nasdaq’s prominence in tech elevated Atlassian’s profile alongside giants like Microsoft and Adobe, aiding talent acquisition and partnerships (e.g., its Slack integration).
  • Valuation Boost: U.S. markets often assign higher multiples to SaaS companies (Atlassian’s core products include Jira and Confluence), driving its stock price from $21 at IPO to over $170 by late 2021, with sustained growth since.
• Outcome: The move transformed Atlassian from an Australian mid-tier player into a global tech leader, leveraging U.S. capital and prestige unavailable on the ASX alone.
• View attachment 78350

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2. News Corporation (News Corp)

• Original Listing: ASX (ticker: NWS, primary listing until 2004).
• U.S. Listing: NYSE (ticker: NWS/NWSA, primary listing since November 2004).
• Details of Move: Founded by Rupert Murdoch in Australia, News Corp reincorporated in Delaware, USA, in 2004 and shifted its primary listing to the NYSE. The ASX retained a secondary listing via CDIs, but the U.S. became the dominant market. This preceded its 2013 split into News Corp and 21st Century Fox (later acquired by Disney).
• Benefits:
  • Market Scale: The NYSE offered access to the world’s largest equity market, enabling News Corp to raise billions for acquisitions (e.g., Dow Jones in 2007 for $5.6 billion), dwarfing ASX fundraising capacity.
  • U.S. Investor Appeal: The move attracted American institutional investors, crucial for a media conglomerate with growing U.S. assets (e.g., Fox, Wall Street Journal), increasing liquidity and share demand.
  • Strategic Alignment: Relocating to the U.S. aligned News Corp with its operational center—by 2004, most revenue came from North America—enhancing credibility with U.S. regulators, partners, and advertisers.
  • Valuation and Growth: Post-move, News Corp’s market cap soared, peaking above $60 billion pre-2008, and even after the 2013 split, the NYSE-listed entity maintained a multibillion-dollar valuation (e.g., ~$15 billion by 2025).
• Outcome: The NYSE listing fueled News Corp’s evolution into a global media titan, leveraging U.S. capital and proximity to its largest market, far beyond what an ASX-only presence could sustain.
• View attachment 78348

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Yes, but with one BIG DIFFERENCE: Those companies had decent revenues and repeat customers already before relisting. BRN is losing revenue from quarter to quarter. It was pointed out a few quarters back that even a cafe has more revenue.

 

[7für7]

I doubt each one of the founding members is still holding.
Since you directly attacked me, care to explain to us Donkeys how do you know that?
Have a great day!

wooow I never thought I’d live to see the day that you shorters call yourselves donkeys. That’s a bullish omen! Hallelujah, praise the Lord! I can already see the dollar!

 

[DK6161]

wooow I never thought I’d live to see the day that you shorters call yourselves donkeys. That’s a bullish omen! Hallelujah, praise the Lord! I can already see the dollar!

Any criticism of the company is immediately labelled as a shorters post!
Wow, very original. Cult 101.

 

[Pom down under]

Anyone else having issues with Nabtrade this morning?

Yes it was showing our share price at 0.205

 

[overpup]

Any criticism of the company is immediately labelled as a shorters post!
Wow, very original. Cult 101.

Even the staunchest cult-affiliate would be starting to worry now...
I must concede my faith has dwindled away over the last few years.
It feels like we are failing. I hope I am wrong though or my wife will kill me lol.

 

[Tezza]

Just checked with my cbus smsf and they don't have any means of facilitating a us listed stock. This means I will need to join a different super or sell. Not happy Sean!

 

[TopCat]

Just checked with my cbus smsf and they don't have any means of facilitating a us listed stock. This means I will need to join a different super or sell. Not happy Sean!

Not what I wanted to hear. Not happy either.

 

[ndefries]

Just checked with my cbus smsf and they don't have any means of facilitating a us listed stock. This means I will need to join a different super or sell. Not happy Sean!

you dont have a SMSF if you are with CBUS you are just making direct investment decisions. you have time to set up a SMSF and transfer your funds across and buy BRN and hold during the move to US

 

[Tezza]

you dont have a SMSF if you are with CBUS you are just making direct investment decisions. you have time to set up a SMSF and transfer your funds across and buy BRN and hold during the move to US

Yes, you are correct. I find cbus suits me as I do not have to worry about all the nitty gritty stuff. I can find shares I like and they do the rest.

 

[TechGirl]

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.

If you bought shares in a (any)company based on the anonymous opinions of a random stranger online then I have a bridge to sell you.

Have a nice night!

Founding member here

Still holding strong

Have increased holdings non stop since the last time I visited tsex about a year ago

 

[Luppo71]

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.

If you bought shares in a (any)company based on the anonymous opinions of a random stranger online then I have a bridge to sell you.

Have a nice night!

Still holding and don't plan on going anywhere for a long time to come
Akida ballista baby.

 

[miaeffect]

 

[Pmel]

Long term holder. Not a downramper. Have a big holding. I am very very disappointed with the management as well. I invested my hard earned money but looks like I am going to loose it all. Hoping something evetuates soon.they were claiming 2024 big year now 2025 it is almost 2 months over pissy little news but shit news at the same time.Hard lesson learnt.

 

[Quiltman]

Just checked with my cbus smsf and they don't have any means of facilitating a us listed stock. This means I will need to join a different super or sell. Not happy Sean!

I am in a similar situation, but considering another option, creating 2 funds, one fully managed, and one SMSF to manage BRN. Will need to look carefully at what 2 sets of fees does, but thinking of cutting back insurance cover to balance additional fees ( getting to life stage where no longer applicable). There are several options available and we are being given heaps of time to work through it … a good advisor, deep breath and think through options. All is not lost !

 

[TECH]

Gidday All,

What a ride this stock has been to date, for any true believer, it has certainly been an emotional roll-a-coaster, hasn't it ?

I have purposefully avoided reading the forum for a number of days, as I can just imagine the stress and anxiety that many are feeling,
so many questions, so few "real" answers.

When the company announced that the Perth office was closing down, I was quietly pretty annoyed, and I can imagine that the discussions
surrounding that decision at Board level would have been rather intense, but we moved on and still retained our key Australian connection/s.

I'm not sure if Tony is still working out of the office in downtown Perth, but assume he is based out of his home office ?? maybe one of the Perth
guys know.

With our Headquarters clearly established in Laguna Hills, California with all our key staff, departing the ASX was always the game plan in my opinion, but this latest news has put me on the backfoot somewhat, yes I know, it's nowhere a done deal, and quite frankly, I think it's way too premature.

The retail shareholder base currently holds 58.633% verses the Top 20 with it's 41.367% and with all the hurdles regulatory or otherwise, I
can't see this happening, unless "something big" emerges on the news front, and let's face it, something could just explode out of left field,
we ALL know we are Due !!

My comments may be incorrect here, so please correct me, if $4.00 US is required as a base entry point for a Nasdaq listing, well that equates
to around $6.43 AUD, which in turn means a consolidation of approximately 3,060%.

Peters holding for example would go from 157 Million to 5.13 Million shares, yes, I know it still carries the same value as such, BUT ??

A very nicely placed shareholder currently holding 1 Million BRN shares would then hold (after consolidation) 32,680 shares @ $6.43 AUD
equivalent to the opening $4.00 entry point.

All hypothetical I know, and as I say, unless the company has something that's so powerful to reveal to the shareholders, it's going to be an
extremely hard sell, yes the US market is where I and many wish us to end up, be it's so premature in my opinion, and rather unsettling.

As far as our day to day company progress is concerned, nothing has changed, we are still kicking goals, but our bank account doesn't reflect as such yet, but it will I believe.

Just my views, take it or leave it........cheers for now Tech x

 

[HopalongPetrovski]

I am in a similar situation, but considering another option, creating 2 funds, one fully managed, and one SMSF to manage BRN. Will need to look carefully at what 2 sets of fees does, but thinking of cutting back insurance cover to balance additional fees ( getting to life stage where no longer applicable). There are several options available and we are being given heaps of time to work through it … a good advisor, deep breath and think through options. All is not lost !

Hi Quiltman.
I don't have a self managed fund so please take the following with a grain of salt, and I understand there are many more offerings over the last few years, but the rule of thumb that I heard from a few years ago was that the ongoing yearly compliance fees associated with an SMSF meant it generally wasn't viable unless you have minimum of $300,000 invested in it. So, that equates to a holding of around 1.5 million shares at todays valuation.
Potentially an expensive option if you have to cash out and buy back in depending on an individuals tax situation.
Of course, potentially negated if it's possible to do some kind of a transfer.
Perhaps other's with relevant experience can comment please.

 

[itsol4605]

Gidday All,

What a ride this stock has been to date, for any true believer, it has certainly been an emotional roll-a-coaster, hasn't it ?

I have purposefully avoided reading the forum for a number of days, as I can just imagine the stress and anxiety that many are feeling,
so many questions, so few "real" answers.

When the company announced that the Perth office was closing down, I was quietly pretty annoyed, and I can imagine that the discussions
surrounding that decision at Board level would have been rather intense, but we moved on and still retained our key Australian connection/s.

I'm not sure if Tony is still working out of the office in downtown Perth, but assume he is based out of his home office ?? maybe one of the Perth
guys know.

With our Headquarters clearly established in Laguna Hills, California with all our key staff, departing the ASX was always the game plan in my opinion, but this latest news has put me on the backfoot somewhat, yes I know, it's nowhere a done deal, and quite frankly, I think it's way too premature.

The retail shareholder base currently holds 58.633% verses the Top 20 with it's 41.367% and with all the hurdles regulatory or otherwise, I
can't see this happening, unless "something big" emerges on the news front, and let's face it, something could just explode out of left field,
we ALL know we are Due !!

My comments may be incorrect here, so please correct me, if $4.00 US is required as a base entry point for a Nasdaq listing, well that equates
to around $6.43 AUD, which in turn means a consolidation of approximately 3,060%.

Peters holding for example would go from 157 Million to 5.13 Million shares, yes, I know it still carries the same value as such, BUT ??

A very nicely placed shareholder currently holding 1 Million BRN shares would then hold (after consolidation) 32,680 shares @ $6.43 AUD
equivalent to the opening $4.00 entry point.

All hypothetical I know, and as I say, unless the company has something that's so powerful to reveal to the shareholders, it's going to be an
extremely hard sell, yes the US market is where I and many wish us to end up, be it's so premature in my opinion, and rather unsettling.

As far as our day to day company progress is concerned, nothing has changed, we are still kicking goals, but our bank account doesn't reflect as such yet, but it will I believe.

Just my views, take it or leave it........cheers for now Tech x

BrainChip simply needs revenue.
A company with a share price of $4 listed at NASDAQ without revenue will be shorted down to $0.10 very fast.

You are right. It is much to early for NASDAQ.
It could be a deadly trap moving to NASDAQ just because some people recommended to move to NASDAQ.

Revenue! Revenue! Revenue!!

BrainChip is in the USA, L.A. - so what makes the difference when ASX is the stock exchange.

BrainChip Akida IP can be used all over the world.
Customers just have to buy a license.

Yes, I am very sure:
BrainChip Akida is the future of Edge AI

But the stock price can also rise up at ASX.

 

[AusEire]

I doubt each one of the founding members is still holding.
Since you directly attacked me, care to explain to us Donkeys how do you know that?
Have a great day!

I'd like to point out that you directly attacked all of the founders of this forum with a baseless claim aimed at accusing us of having "left the scene" and "Sold all our shares". Why that would matter I'm not sure?

Who told you this information or did your conspiracy riddled brain just randomly pull this scenario from the clouds?

How do I know you ask? Wouldn't you like to know Why don't you msg them and ask them? In fact I know Wilzy would love to hear from you!!!!

 

[RobjHunt]

In my opinion, this years AGM will attract a record attendance. Hoping that the venue will be accommodating enough. Needless to say, I for one am certainly looking forward to it.