BRN Discussion Ongoing

Diogenese

Top 20


1682139524851.png
 
  • Haha
  • Like
Reactions: 9 users

Bravo

If ARM was an arm, BRN would be its biceps💪!
  • Haha
  • Like
Reactions: 5 users

Lex555

Regular
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.
 
  • Like
  • Love
  • Thinking
Reactions: 29 users

Dang Son

Regular
  • Like
  • Fire
  • Love
Reactions: 7 users

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
 
  • Like
  • Love
Reactions: 6 users
S

Straw

Guest
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.
 
  • Like
  • Love
  • Fire
Reactions: 32 users
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.
 
S

Straw

Guest
Some guy.
 
  • Haha
  • Like
Reactions: 2 users
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.
 
  • Haha
  • Like
Reactions: 5 users

Deadpool

Did someone say KFC
  • Haha
  • Like
Reactions: 6 users

Xray1

Regular
  • Haha
  • Like
  • Love
Reactions: 8 users
D

Deleted member 118

Guest
Last edited by a moderator:
  • Like
  • Love
Reactions: 9 users

Kachoo

Regular
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.
 
  • Like
Reactions: 5 users
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
 
  • Like
  • Love
Reactions: 2 users

rgupta

Regular
This bloke delinquent is the definition of gaslighting. Only writing negative post about Brainchip shows he must have an ulterior motive, due to the fact nothing substantially has come forth to add any more new, than he has previously posted.

It's people like him that grind you down make you part ways with your shares too early. Share price then got down and tell turn around and say look I'm right I told you so!!!!

"Meme stock"... this guy's a sandwich short of a picnic.

Brainchips technology and potential growth, (or just AI in general) is far from a Meme stock/technology!...PS I would love for ChatGTP to replace him first 😂
Good and bad will always coexist. It is up to individual choices. Dyor
 
  • Like
Reactions: 1 users

Deadpool

Did someone say KFC
Hadn't seen this short vid before.
So satisfying seeing our AKD 1000 proudly front and center in ANT61 tech.

 
  • Like
  • Love
  • Fire
Reactions: 27 users
D

Deleted member 1269

Guest
So then it kills the bashers theory of directors not buying on open markets. There are a lot if NDAs.
Clearly every company on the ASX has "blackout" periods, where directors (and/or those privy to price sensitive information) can not/buy sell stocks. But there are of course blocks of time outside of blackout periods when directors can buy and sell stocks. To suggest that there is no time that a director of BRN can buy/sell shares is incorrect. The question is whether or not they choose to do so.
 
  • Like
  • Thinking
  • Love
Reactions: 7 users

Kachoo

Regular
Clearly every company on the ASX has "blackout" periods, where directors (and/or those privy to price sensitive information) can not/buy sell stocks. But there are of course blocks of time outside of blackout periods when directors can buy and sell stocks. To suggest that there is no time that a director of BRN can buy/sell shares is incorrect. The question is whether or not they choose to do so.
What would make you think it's incorrect? Maybe you should query IR and ask about this situation. There is a lot that they know that is not public. Which we don't know about. Lots could be price sensitive. Do a bit of research mate.

I agree about the black out periods but not all is the same institutions.
 
  • Like
Reactions: 4 users

Deadpool

Did someone say KFC
This could be exciting
View attachment 34724

This Tech Talk will highlight the ease of deploying best-in-class power efficient AI combining BrainChip's Akida Neuromorphic AI Accelerator with the Arm Cortex-M family., including the Arm Cortex-M85. The presentation is designed to showcase the disruptive potential of the technology combination, including a look at the 2nd generation of Akida to create compelling, cloudless Edge AI solutions for advanced vision, video object detection and vital signs prediction, that weren’t possible before.

I believe this presentation may will be the real start of the sustained meteoric rise in the BRN share price. Bring on May 10 01:00 AEDT
 
  • Like
  • Fire
  • Love
Reactions: 35 users
Top Bottom