BRN Discussion Ongoing

[Bravo]

Tony also made significant contributions at Qualcomm, Inc., where he led the Zeroth Neuromorphic Engineering Project and contributed to projects in intelligent AI agents and robotics while collaborating closely with Qualcomm Ventures.

 

[gex]

Sincerely Hope Peter has much more time with family and friends now.

Bloody deserves it

 

[Damo4]

I'm glad people are starting to see the ASX for the cowboys they are.
Overwhelmingly positive announcement, probably Price Sensitive, could have been submitted first thing in the morning for all we know.
Yet ASX chooses for it to be non-sensitive, and the release it after close.
Brainchip had nothing to do with the timing or nature of it.

Anyway don't want to drag down the mood, I'm very pleased with Tony's hiring!
The c-suite talent is amazing and I'm glad we are somehow in an even better position than before.

 

[IloveLamp]

I'm glad people are starting to see the ASX for the cowboys they are.
Overwhelmingly positive announcement, probably Price Sensitive, could have been submitted first thing in the morning for all we know.
Yet ASX chooses for it to be non-sensitive, and the release it after close.
Brainchip had nothing to do with the timing or nature of it.

Anyway don't want to drag down the mood, I'm very pleased with Tony's hiring!
The c-suite talent is amazing and I'm glad we are somehow in an even better position than before.

Not sure that's correct @Damo4 ? I was under the impression it was the company that submits it price sensitive or not. Could be wrong, but i believe this was clarified by t.dawe a while ago?

 

[Fact Finder]

Not sure that's correct @Damo4 ? I was under the impression it was the company that submits it price sensitive or not. Could be wrong, but i believe this was clarified by t.dawe a while ago?

Hi Ilovelamp

In the last few weeks a company WBT had an announcement which was released by the company to the ASX as price sensitive and the ASX changed it to not price sensitive.

The CEO of the company on social media put out a statement saying something to the effect that he could not understand why the ASX downgraded it.

I am sure WBT investors on here will be able to confirm this and perhaps supply the announcement and the CEO’s response.

The actual Guidance Note from the ASX also states that if a company is unsure if an announcement is price sensitive they should mark it that way and the ASX will decide.

If I was the ASX as Peter van der Made is remaining on the Board, moving across to the Scientific Advisory Board and being given an Honorary title and not changing position till the end of 2023 with no suggestion he is selling his shares I would consider it is a steady as she goes non price sensitive announcement.

My opinion only DYOR
Fact Finder

AKIDA BALLISTA

 

[Boab]

Anyone else having problems with Westpac?

 

[toasty]

Hi Ilovelamp

In the last few weeks a company WBT had an announcement which was released by the company to the ASX as price sensitive and the ASX changed it to not price sensitive.

The CEO of the company on social media put out a statement saying something to the effect that he could not understand why the ASX downgraded it.

I am sure WBT investors on here will be able to confirm this and perhaps supply the announcement and the CEO’s response.

The actual Guidance Note from the ASX also states that if a company is unsure if an announcement is price sensitive they should mark it that way and the ASX will decide.

If I was the ASX as Peter van der Made is remaining on the Board, moving across to the Scientific Advisory Board and being given an Honorary title and not changing position till the end of 2023 with no suggestion he is selling his shares I would consider it is a steady as she goes non price sensitive announcement.

My opinion only DYOR
Fact Finder

AKIDA BALLISTA

Seems the market agrees with you so far...............

 

[jla]

Anyone else having problems with Westpac?

Anyone else having problems with Westpac?

Yes.

Anyone else having problems with Westpac?

IT is working on the laptop, But not on the phone.

 

[DJM263]

I'm excited:

What would the attraction to Tony be to leave his current employment situation to move to a first mover with no revenue!!! Love to know what Sean's pitch was?? and if any NDA's were signed or disclosed during the negotiations

I'm also happy that the succession plan retains PVDM in the loop in key roles.


Congratulations and thankyou PVDM

 

[Damo4]

Not sure that's correct @Damo4 ? I was under the impression it was the company that submits it price sensitive or not. Could be wrong, but i believe this was clarified by t.dawe a while ago?

Hi Ilovelamp

In the last few weeks a company WBT had an announcement which was released by the company to the ASX as price sensitive and the ASX changed it to not price sensitive.

The CEO of the company on social media put out a statement saying something to the effect that he could not understand why the ASX downgraded it.

I am sure WBT investors on here will be able to confirm this and perhaps supply the announcement and the CEO’s response.

The actual Guidance Note from the ASX also states that if a company is unsure if an announcement is price sensitive they should mark it that way and the ASX will decide.

If I was the ASX as Peter van der Made is remaining on the Board, moving across to the Scientific Advisory Board and being given an Honorary title and not changing position till the end of 2023 with no suggestion he is selling his shares I would consider it is a steady as she goes non price sensitive announcement.

My opinion only DYOR
Fact Finder

AKIDA BALLISTA

Sorry my wording wasn't great, you are correct BRN chooses what they "think" it is, but ultimately the ASX decides.
As FF says, they can mark is Price Sensitive, even if they aren't sure and the ASX can decide.
I would assume price-sensitive but I'm not well-read on the continuous disclosure rules.

 

[Schnitzel lover]

Sorry my wording wasn't great, you are correct BRN chooses what they "think" it is, but ultimately the ASX decides.
As FF says, they can mark is Price Sensitive, even if they aren't sure and the ASX can decide.
I would assume price-sensitive but I'm not well-read on the continuous disclosure rules.

Thanks PVDM.. Good luck with your semi retirement..

Early Dec is my timeline to start seeing some more price appreciation above 21c.. Still lots of churn to go through.. Then holding above 27-28c by early next year…

IMO that would be somewhat constructive from a TA point of view..

 

[Home101]

Who is bloody selling now? This is such a positive hire.

 

[7für7]

Who is bloody selling now? This is such a positive hire.

Sell on good news ?
Also people who just get the information wrong… a lot of people who just overreact as well because of lack of understanding.. just my view of point !

 

[MrNick]

I'm excited:

What would the attraction to Tony be to leave his current employment situation to move to a first mover with no revenue!!! Love to know what Sean's pitch was?? and if any NDA's were signed or disclosed during the negotiations

I'm also happy that the succession plan retains PVDM in the loop in key roles.


Congratulations and thankyou PVDM

Tony would have been made fully aware of where BC stands in it's development timeline, and with which companies. He would also have been under no illusion that no beans would be allowed to spill from his mouth when Sean's patter concluded.

A great appointment and one that comes with a huge back catalogue of potential development areas to be explored for Akida.

 

[HopalongPetrovski]

Put up by Rickk over on the crapper.
Nice to see and hear Tony in action.
Talking our kind of talk and happy to hear his emphasis on beneficent usage of AI.
Looks to be a good fit.
Has anyone found his age anywhere?
50's-60's?
Keen to hear more from him on just where he wants to guide us.

 

[Labsy]

I'm excited:

What would the attraction to Tony be to leave his current employment situation to move to a first mover with no revenue!!! Love to know what Sean's pitch was?? and if any NDA's were signed or disclosed during the negotiations

I'm also happy that the succession plan retains PVDM in the loop in key roles.


Congratulations and thankyou PVDM

Indeed! Very encouraging....

 

[Labsy]

Amongst other projects of course, I would guess his emphasis would be on running LLM's on next Gen akida assisted processors if not solely on akida...closely working with qualcomm perhaps and their Snapdragon...

 

[Schnitzel lover]

Who is bloody selling now? This is such a positive hire.

Volatility around Nvidia earnings mainly.. I doubt it has much to do with new CTO and PVDM retiring..

 

[SharesForBrekky]

Volatility around Nvidia earnings mainly.. I doubt it has much to do with new CTO and PVDM retiring..

I think you might be right here SL. The Aussie All Tech Index is currently down 0.90%, and the Nvidia Q3 earnings report may have something to do with it.

For anyone interested, here is a link to an article about the Nvidia report https://www.cnbc.com/2023/11/21/nvidia-nvda-q3-earnings-report-2024.html

"Nvidia faces obstacles, including competition from AMD and lower revenue because of export restrictions that can limit sales of its GPUs in China. But ahead of Tuesday report, some analysts were nevertheless optimistic.

“GPU demand continues to outpace supply as Gen AI adoption broadens across industry verticals,” Raymond James’ Srini Pajjuri and Jacob Silverman wrote in a note Monday to clients, with a “strong buy” recommendation on Nvidia stock. “We are not overly concerned about competition and expect NVDA to maintain >85% share in Gen AI accelerators even in 2024.”

Interesting bit of info here "During the quarter, Nvidia announced the GH200 GPU, which has more memory than the current H100 and an additional Arm processor onboard. The H100 is expensive and in demand. Nvidia said Australia-based Iris Energy, an owner of bitcoin mining data centers, was buying 248 H100s for $10 million, which works out to about $40,000 each." Oh wow!

 

[Labsy]

I think you might be right here SL. The Aussie All Tech Index is currently down 0.90%, and the Nvidia Q3 earnings report may have something to do with it.

For anyone interested, here is a link to an article about the Nvidia report https://www.cnbc.com/2023/11/21/nvidia-nvda-q3-earnings-report-2024.html

"Nvidia faces obstacles, including competition from AMD and lower revenue because of export restrictions that can limit sales of its GPUs in China. But ahead of Tuesday report, some analysts were nevertheless optimistic.

“GPU demand continues to outpace supply as Gen AI adoption broadens across industry verticals,” Raymond James’ Srini Pajjuri and Jacob Silverman wrote in a note Monday to clients, with a “strong buy” recommendation on Nvidia stock. “We are not overly concerned about competition and expect NVDA to maintain >85% share in Gen AI accelerators even in 2024.”

Interesting bit of info here "During the quarter, Nvidia announced the GH200 GPU, which has more memory than the current H100 and an additional Arm processor onboard. The H100 is expensive and in demand. Nvidia said Australia-based Iris Energy, an owner of bitcoin mining data centers, was buying 248 H100s for $10 million, which works out to about $40,000 each." Oh wow!

Mental...buying 248 horse and ploughs to dig for fairy dust....