BRN Discussion Ongoing

[Damo4]

Why would anyone in their right mind want to still be included in the index, with what we currently have on offer. We have been sitting ducks ever since the Merc ann.

And don't bother telling me it's because of the progress of the company, that's not what I'm talking about. I'm saying given the progress why TF would we want to stay in.
It's not a "good" thing to be out, but it's better than being in given our current progress.

I want BRN to be as solid as any top 200 or even top 50 company when we do go back.
I don't want crazy pumps and agonisingly long dumps, I want sustained progress and sustained SP increase only when it's suitable for the company.

They're saying they need more time, fine now we have it without the convenience of stock lending. That's not to say shorts will be 0% but it will be far harder once the funds clear us out.
Now we can finally build correctly and sustainably and then truly DESERVE our spot in the top 200 index.
I want BRN to be in the top 200, hell the top 50 index, but only when we have both product, engagement, licensed and revenue to justify it.
Antonio summarised it perfectly in the 2nd part of the last Podcast.

 

[Tezza]

 

[Rise from the ashes]

I think price will turn for the better after an initial panic by the numbnuts

 

[Makeme 2020]

Why would anyone in their right mind want to still be included in the index, with what we currently have on offer. We have been sitting ducks ever since the Merc ann.

And don't bother telling me it's because of the progress of the company, that's not what I'm talking about. I'm saying given the progress why TF would we want to stay in.
It's not a "good" thing to be out, but it's better than being in given our current progress.

I want BRN to be as solid as any top 200 or even top 50 company when we do go back.
I don't want crazy pumps and agonisingly long dumps, I want sustained progress and sustained SP increase only when it's suitable for the company.

They're saying they need more time, fine now we have it without the convenience of stock lending. That's not to say shorts will be 0% but it will be far harder once the funds clear us out.
Now we can finally build correctly and sustainably and then truly DESERVE our spot in the top 200 index.
I want BRN to be in the top 200, hell the top 50 index, but only when we have both product, engagement, licensed and revenue to justify it.
Antonio summarised it perfectly in the 2nd part of the last Podcast.

WTF

 

[Zedjack33]

 

[Rise from the ashes]

Yeah, no one can hear you scream......................"Fuck you, shorters"

I think you'll appreciate this from 1920's
Not that I have the impression you're an old codger
It's actually pretty good

 

[Tezza]

I think price will turn for the better after an initial panic by the numbnuts

I just hope I'm not a numbnut

 

[Bombersfan]

If we don’t get out shit together soon, we’re going to fade into insignificance. A very disappointing day, especially considering tye great start we had to it.

Also, where the fuck is AKD2000? Did anyone follow up with Tony out of interest?

Jesus Rob give it a rest. Going from 200 to 300 will do SFA. Maybe a little dip probly nothing.
In the end it was a relatively positive week on the back of last weeks after hours half yearly report. general availability end of august doesn’t have to mean it’s announced the stroke of midnight. It will come, most likely next week, if not the next couple of weeks. You said you were going to try and be more positive, you’re not succeeding there. The SP drop has been very painful to watch, but the known news incoming mixed with the unknown news to come means we are probly at the most exciting part of the journey yet. And when we go back into the 200 it’ll be with some material and financial substance.

 

[Fullmoonfever]

It is what it is....we didn't maintain the criteria required for the 200.

We have made continual strides forward with the "commercial" ecosystem however I still personally get a slap in the face that the company failed to make the "commercial" strides forward that public listed companies are measured by.

I do hope that the BOD feel the same way for mine.

 

[HopalongPetrovski]

I think you'll appreciate this from 1920's
Not that I have the impression you're an old codger
It's actually pretty good

Haven't heard that one before.
What a beaut.
And I'm definitely verging on old codger, you young whippersnapper!

 

[FabricatedLunacy]

So can someone explain to this noob what the pros and cons are with being dropped form ASX200?

Go easy. Just tell me. Don’t belittle

 

[Cartagena]

The Short shit show increased by multiples when we entered 200 I was wasn't pleased because I knew that shit show would increase.
I'd prefer if we had more meat on the bone before entering again

Agree it's a good thing we are out. Thank goodness

Every holding I've had over the years always got pummeled after entering the 200 even some decent revenue producing companies but those ones bounced back hard.

Yep IHL is one example. Got smashed as soon as it entered the index by shorters. Better off to stand on it's feet without the shorts and we have Akida Gen 2 release coinciding hopefully the big release within the next week or two.

 

[HopalongPetrovski]

So can someone explain to this noob what the pros and cons are with being dropped form ASX200?

Go easy. Just tell me. Don’t belittle

In a nutshell.......

The institutions that are required to hold ASX200 listed companies as a part of their index will sell down the positions they hold potentially putting downward pressure on our share price. Negative for our share price.

Any shorter who has an open position with any of the above companies will be obliged to close so they can return what they still owe to those same companies potentially applying upward pressure. Positive for our share price.

Going forward there will possibly be less shares available to be lent to short us with, possibly reducing our liquidity on market.
This may make us more difficult to manipulate and so, being a less attractive target, they may move on to easier prospects.

Something like that, in theory anyway.

 

[Easytiger]

I couldnt be any happier to see the back of the asx200.

We should not be in there till we have multiple IP deals or real Revenue grow quarter on quarter.

Something tells me the please explain Ann today was reported from someone that wanted to get out. Knowing there was a big chance that BRN will be kicked out of asx200

They were waiting for the 2.0 in August to be released so they could get out on a pump.

Now they have to return the shares back and others will have to sell…… where are the buyers?

I would like BRN to Ann the 2.0 after the 18th of September.

Time for them to

Buyers at what price - may be the start of a takeover .

 

[Quatrojos]

In a nutshell.......

The institutions that are required to hold ASX200 listed companies as a part of their index will sell down the positions they hold potentially putting downward pressure on our share price. Negative for our share price.

Any shorter who has an open position with any of the above companies will be obliged to close so they can return what they still owe to those same companies potentially applying upward pressure. Positive for our share price.

Going forward there will possibly be less shares available to be lent to short us with, possibly reducing our liquidity on market.
This may make us more difficult to manipulate and so, being a less attractive target, they may move on to easier prospects.

Something like that, in theory anyway.

The institutions that are required to hold ASX200 listed companies as a part of their index will sell down the positions they hold potentially putting downward pressure on our share price.

Unless this has already been happening. Wouldn't they begin selling before the ann, despite having two weeks before rebalance?

 

[Zedjack33]

In a nutshell.......

The institutions that are required to hold ASX200 listed companies as a part of their index will sell down the positions they hold potentially putting downward pressure on our share price. Negative for our share price.

Any shorter who has an open position with any of the above companies will be obliged to close so they can return what they still owe to those same companies potentially applying upward pressure. Positive for our share price.

Going forward there will possibly be less shares available to be lent to short us with, possibly reducing our liquidity on market.
This may make us more difficult to manipulate and so, being a less attractive target, they may move on to easier prospects.

Something like that, in theory anyway.

Thanks for that. Negative and positive. Faaaark this beast does my head in.

 

[FabricatedLunacy]

In a nutshell.......

The institutions that are required to hold ASX200 listed companies as a part of their index will sell down the positions they hold potentially putting downward pressure on our share price. Negative for our share price.

Any shorter who has an open position with any of the above companies will be obliged to close so they can return what they still owe to those same companies potentially applying upward pressure. Positive for our share price.

Going forward there will possibly be less shares available to be lent to short us with, possibly reducing our liquidity on market.
This may make us more difficult to manipulate and so, being a less attractive target, they may move on to easier prospects.

Something like that, in theory anyway.

Thank you!

 

[David holland]

Big announcement Akida 2, Nek minite 28 cents, tell me I'm wrong on past announcements

 

[Cartagena]

In a nutshell.......

The institutions that are required to hold ASX200 listed companies as a part of their index will sell down the positions they hold potentially putting downward pressure on our share price. Negative for our share price.

Any shorter who has an open position with any of the above companies will be obliged to close so they can return what they still owe to those same companies potentially applying upward pressure. Positive for our share price.

Going forward there will possibly be less shares available to be lent to short us with, possibly reducing our liquidity on market.
This may make us more difficult to manipulate and so, being a less attractive target, they may move on to easier prospects.

Something like that, in theory anyway.

Very well explained. Therefore it's not all bad, considering the large outstanding shorts and the imminent news on horizon, very likely the resultant force will be up up and away.

 

[Getupthere]

Hold on to your shares everyone….at lest till after the 18th of September.

They will need lots of sellers.

They will be baiting to find the sellers

Let the games begin.