It always amazes me that t people want to blame phantom manipulators...
The only people manipulating this stock are our management, by their lack of transparency and information.
BrainChip choose to operate in a vacuum. They could support the share price, with proper communication (without breaching any ASX regulations) but they actively choose not too.
The blame lies well and truly at the feet of management, no one else....
Yeah I understand your point but what many people clearly don’t understand… and what I have pointed out many times in this forum …is that a company like BrainChip does not care about coffee-chat gossip or torch-and-pitchfork mentality.
People can make as many pseudo-demands as they want. If management decides it is necessary, they will execute a reverse split. Period. And then 90% of retail shareholders will be gone automatically, because small positions get wiped out if they fall below minimum thresholds.
The remaining people will be sitting there with 10–50 shares, down 70–80%, and will continue complaining about BrainChip and management.
Accept reality…Everyone here is investing at their own risk. Me included.
Management does everything that is legally possible and releases only the information they are required to release or choose to release under regulatory rules.
Yes, I also have an issue with the lack of communication channels and the fact that there is practically no dialogue with retail investors.
But that is my personal disappointment, because I expected more.
And now to the big illusion…
You really think changing the CEO will improve the situation?
Good luck with the next CEO.
Let’s see how long it takes before people start complaining again.
One week?
One month?
Only my Opinion