BRN Discussion Ongoing

[Dr E Brown]

Just have to use this time to accumulate I guess. Fundamentals have not changed. Still, shitty seeing $100k+ vanish in a week.

Completely agree

 

[Gemmax]

Just have to use this time to accumulate I guess. Fundamentals have not changed. Still, shitty seeing $100k+ vanish in a week.

Feeling that pain and some more Robsmark.
We all know Akida's potential. Fundamentals have not changed.

 

[TheUnfairAdvantage]

Just have to use this time to accumulate I guess. Fundamentals have not changed. Still, shitty seeing $100k+ vanish in a week.

For a change, I can hear FF enviously say only a $100k

 

[TheDrooben]

Great to top up at .87. Thanks Instos....

 

[Boab]

For a change, I can hear FF enviously say only a $100k

I wish I had that many shares to lose $100k

 

[buena suerte :-)]

I feel ya $$$$ pain ..

When it turns though that $100K will be back very, very quick.

I think being included into the ASX200 has a lot to do with it! (as well as very unstable world markets) as the Big boys and Institutions knowing they have to buy into ASX200 companies are no doubt getting the SP down as far as they can before compulsory buying starts Monday 20th June! then I think recovery will be pretty swift ..... my thoughts only!

 

[Fact Finder]

Completely agree

Every black disgusting cloud has a silver lining if you look hard enough.

In our case if we can stay down until 1 July, 2022 we will have a much lower balance at 30 June so our statutory draw down from our Self Managed Super Fund will be low enough that we can accommodate it comfortably from cash reserves and not have to consider selling some shares.

On another happy note Ken Scarince has asked to join in the shareholder donation to Peter’s alzheimers charity when we take out $5.00 such is his respect for Peter and Anil.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[butcherano]

I think being included into the ASX200 has a lot to do with it! (as well as very unstable world markets) as the Big boys and Institutions knowing they have to buy into ASX200 companies are no doubt getting the SP down as far as they can before compulsory buying starts Monday 20th June! then I think recovery will be pretty swift ..... my thoughts only!

Bearing in mind that they will be buying prior to the close of trade next Friday which is why you’ll see some massive cross trades going through in the 10min pre-open period from 4pm to 4.10pm on Friday 17th so that they have them in their index based accounts prior to the start of trade the following Monday. Same as when we entered the ASX 300.

 

[mcm]

I think being included into the ASX200 has a lot to do with it! (as well as very unstable world markets) as the Big boys and Institutions knowing they have to buy into ASX200 companies are no doubt getting the SP down as far as they can before compulsory buying starts Monday 20th June! then I think recovery will be pretty swift ..... my thoughts only!

If I was an insto ... I'd be jumping the gun and starting to my buy fill of BRN now. I sure wouldn't be waiting till June 20.

 

[Reuben]

Another competitor - Rain Neuromorphics (But still a long way for them to catch us )
Rain Neuromorphics hopes to go to market in 2025, they recently got an initial fund raise for 25 million backed by Open AI CEO Sam Altman.

1000X More Efficient Neural Networks: Building An Artificial Brain With 86 Billion Physical (But Not Biological) Neurons

Building chips with analogs of biological neurons and dendrites and neural networks like our brains is also key to the massive efficiency gains Rain Neuromorphics is claiming: 1,000 times more efficient than existing digital chips from companies like Nvidia.

www.forbes.com

 

[Cyw]

I think we are over-thinking it. All share prices go up and down. We are in a consolidation phase with short term traders punting on a few cents. If you are holding for $5, $10 etc. why bother watching the price action minute by minute? It will not go to $5 or $10 today or tomorrow. With no sales or profits, what do you expect?

I have faith BRN will go up, I mean go up a lot, probably towards the end of this year or early next year when the royalties start to come in. There are enough hints made by management already.

Be patient. Our time will come.

 

[Boab]

Another competitor - Rain Neuromorphics (But still a long way for them to catch us )
Rain Neuromorphics hopes to go to market in 2025, they recently got an initial fund raise for 25 million backed by Open AI CEO Sam Altman.

1000X More Efficient Neural Networks: Building An Artificial Brain With 86 Billion Physical (But Not Biological) Neurons

Building chips with analogs of biological neurons and dendrites and neural networks like our brains is also key to the massive efficiency gains Rain Neuromorphics is claiming: 1,000 times more efficient than existing digital chips from companies like Nvidia.

www.forbes.com

Akida 2000 & 3000 may be commercially available before these guys get off the ground?

 

[Izzzzzzzzzzy]

Us futures slightly green

 

[Deleted member 118]

Great to top up at .87. Thanks Instos....

View attachment 8910

Good on ya

 

[Cyw]

If I was an insto ... I'd be jumping the gun and starting to my buy fill of BRN now. I sure wouldn't be waiting till June 20.

The buyers seem to be coming in now. I think 87c, which is a critical level, will hold.

 

[Slade]

I think we are over-thinking it. All share prices go up and down. We are in a consolidation phase with short term traders punting on a few cents. If you are holding for $5, $10 etc. why bother watching the price action minute by minute? It will not go to $5 or $10 today or tomorrow. With no sales or profits, what do you expect?

I have faith BRN will go up, I mean go up a lot, probably towards the end of this year or early next year when the royalties start to come in. There are enough hints made by management already.

Be patient. Our time will come.

Exactly. My Sydney harbour property more than doubled in value over a 3 year period but during that time I didn’t sit out the front watching it the whole time.
Actually, I don’t own any property in Sydney.

 

[Reuben]

Akida 2000 & 3000 may be commercially available before these guys get off the ground?

I presume so, plenty of time by then with regards to a market lead

 

[Taproot]

View attachment 8908

OK, great
thanks

 

[Fact Finder]

Another competitor - Rain Neuromorphics (But still a long way for them to catch us )
Rain Neuromorphics hopes to go to market in 2025, they recently got an initial fund raise for 25 million backed by Open AI CEO Sam Altman.

1000X More Efficient Neural Networks: Building An Artificial Brain With 86 Billion Physical (But Not Biological) Neurons

Building chips with analogs of biological neurons and dendrites and neural networks like our brains is also key to the massive efficiency gains Rain Neuromorphics is claiming: 1,000 times more efficient than existing digital chips from companies like Nvidia.

www.forbes.com

Notice how they compare themselves to old technology not the latest and greatest.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Reuben]

Notice how they compare themselves to old technology not the latest and greatest.

My opinion only DYOR
FF

AKIDA BALLISTA

i did and messaged the author - John Koetsier on linkedin