BRN Discussion Ongoing

[Bravo]

What kind of phone has a knob on it ?

I am sure there is a joke in this

Here's another contender.

 

[Boab]

I think that might be " Dictaphone "

Akida Ballista

Classic

 

[Diogenese]

I think that might be " Dictaphone "

Akida Ballista

Pushbutton or rotary?

 

[miaeffect]

Morning Food4thought,

I'm flat out figuring out what all the nobs and buttons on my phone do......

If someone could send it , would be appreciated.

Regards,
Esq.

Which one is yours?

 

[AusEire]

I'm sure other people are working hard in real time, and maybe have taken a smaller wage for future benefit in the form of shares. They still have worked and should deserve payment.
Edit: It is a immediate cash flow saving for the company.

Most people have clearly forgotten this fact. Let them vote No then see the cash burn increase! IMV keep your voting preference to yourself.

 

[Diogenese]

Which one is yours?
View attachment 34815

 

[Bravo]

View attachment 34818

No, I think this might be @miaeffect's phone. We've both got the same model.

 

[Shadow59]

View attachment 34818

Of course a Blackberry jam tin

 

[Lex555]

I hear the executives buying on the market comment many times. I would like to point out that insider trading works both ways buying and selling .

Could there possibly be a reason insiders can't buy tgat they have info that's not disclosed to the public?

If there are NDAs that are price sensitive then they can't by if this was made public then they could easily buy.

Just a thought IMO

I’ve done some further reading Kachoo, and from my understanding they can’t trade on market if they have knowledge of price sensitive NDA’s.

The Corporations Act 2001 (Cth) of Australia regulates the conduct of directors and other insiders in relation to insider trading. Section 1043A of the Act prohibits a person who is in possession of inside information from trading in the securities of the relevant company, procuring others to trade, or communicating the information to others who might trade (Corporations Act 2001 (Cth) s 1043A). Inside information is defined as information that is not generally available, and if it were, a reasonable person would expect it to have a material effect on the price or value of the company's securities (Corporations Act 2001 (Cth) s 1042A).

In the case of directors of an ASX-listed company knowing about NDAs that the general public is not aware of, this information may be considered inside information, especially if the content of the NDA would have a material effect on the price or value of the company's securities if it were made public. Therefore, trading on such information would be in violation of the insider trading laws outlined in the Corporations Act 2001 (Cth).

Therefore the only way BRN staff could possibly acquire shares would be through incentive / employee share plans.

 

[Dang Son]

Anyone got that link @McHale posted the other day to the video with Nandan?

 

[Rise from the ashes]

Thank you good sir one of our other great posters here like yourself @Learning posted it for me before. Still very much appreciated though. And always a good thing to post again as posts can be missed
Have a glorious weekend @Dang Son

 

[Straw]

May I put a suggestion forward that MF and JM don't get discussed on here. Their intentions seem pretty clear to me and we would be sharing the statements of someone I would regard as extremely hostile toward the company without recourse for alternate views to be posed in return as its already been widely published. Which to me appears to be the intention. Doesn't deserve air time.
Just a suggestion.

I might mention while Im at it I find the great rush to vote against everything, let's say, interesting. We have until 21st May to cast our vote.

 

[Rise from the ashes]

May I put a suggestion forward that MF and JM don't get discussed on here. Their intentions seem pretty clear to me and we would be sharing the statements of someone I would regard as extremely hostile toward the company without recourse for alternate views to be posed in return as its already been widely published. Which to me appears to be the intention. Doesn't deserve air time.
Just a suggestion.

I might mention while Im at it I find the great rush to vote against everything, let's say, interesting. We have until 21st May to cast our vote.

Who's JM? Oh nevermind got it.

 

[Straw]

Some guy.

 

[Rise from the ashes]

Some guy.

Yeah worked it out as soon as I hit the reply button.
I'm used to him being referred to as a male appendage.

 

[Deadpool]

What kind of phone has a knob on it ?

I am sure there is a joke in this

 

[Xray1]

That was a trick question .... the knob is obviously the one actually holding the phone

 

[Deleted member 118]

Old page or new, must be new with 2 likes and a

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Find the right Brainchip product for your needs!

brainchip.com

 

[Kachoo]

I’ve done some further reading Kachoo, and from my understanding they can’t trade on market if they have knowledge of price sensitive NDA’s.

The Corporations Act 2001 (Cth) of Australia regulates the conduct of directors and other insiders in relation to insider trading. Section 1043A of the Act prohibits a person who is in possession of inside information from trading in the securities of the relevant company, procuring others to trade, or communicating the information to others who might trade (Corporations Act 2001 (Cth) s 1043A). Inside information is defined as information that is not generally available, and if it were, a reasonable person would expect it to have a material effect on the price or value of the company's securities (Corporations Act 2001 (Cth) s 1042A).

In the case of directors of an ASX-listed company knowing about NDAs that the general public is not aware of, this information may be considered inside information, especially if the content of the NDA would have a material effect on the price or value of the company's securities if it were made public. Therefore, trading on such information would be in violation of the insider trading laws outlined in the Corporations Act 2001 (Cth).

Therefore the only way BRN staff could possibly acquire shares would be through incentive / employee share plans.

So then it kills the bashers theory of directors not buying on open markets. There are a lot if NDAs.

 

[Rise from the ashes]

I'm glad that one has been cleared up because it always had me wondering why the heck other companies had no issue buying shares and brn employees did.
@Kachoo