BRN Discussion Ongoing

[DingoBorat]

Hi DB, I agree with much of what you say, but I am thinking that a great deal of the impetus behind the present (and pleasant) meteoric rise in BRN SP is also the Nvidia factor and the general market explosion of all things AI.

It is still early days in this AI revolution, and most likely many ASX investors would be clueless with regard to the Intel conference yesterday, having said that there would also be a good number of tech savvy investors on the ASX who would have been all over the Intel event - and the fact that BRN were demonstrating there.

However the lack of a change of substantial (or new) interest notices is beginning to make me think that the buying that has been taking place, is perhaps not as concentrated buying by a particular insto, but rather a spread of better informed insto buying and better informed retail buying as well.

I will maintain that view until I see a change of or new substantial holder notice on the ASX platform, but the volume is high - which is compelling and interesting, and I guess it will just take time to reveal what is taking place on exactly who or what is doing the buying.

I have been doing some EW analysis on what this wave up translates as, and I have got to BRN is in the middle of a wave 3 up, which means that if my interpretation is anywhere near accurate that there is still a lot of room for much higher prices here.

Have had a few goes at counting the waves now and I get a similar result, time will tell, so I now wonder if we might get an announcement before webinar on Tues or some other time very soon. I don't normally speculate on such things because it could build certain expectations, and I don't think that is a good thing, that is don't get caught up in expectations on anything in life.

So I'm thinking there is a probability of more upward price action, I am however, wondering about what the catalyst for that might be. If I'm incorrect then so be it, my thinking is offered in good faith, and I don't have any ego - and you can call me a douche bag technician if you like - just playing with a dingo.

Just logged on to commsec and it seems there is some immediate upside, but it won't go up in a straight line, there are always corrections (down swings) along the way. So very nice start today.

I agree, there are several reasons, there may have been many on the sidelines already, for various things, but I still think the Intel event, stands out, as the obvious catalyst, given that yesterday, was such a big day.

As you say, nothing ever goes up in a straight line (or angle to the right) except those companies, with charts that do exactly that.

This is International demand, of a type we haven't seen before.

The Mercedes thing, doesn't even come close..

People trading or "trying" to trade, fair enough, the temptation is great, with so much money to be made.

People selling, because they think we have hit a ceiling, or something like that?...

I think they have rocks in their heads..

Some Company follow through, would be nice and is coming, but there are still mountains of developments "already" in the arena, which we all know about, but the World is still digesting...

That the Company, doesn't "need" to shove another spoonful, down the collective World's mouth, for some time yet.

 

[FJ-215]

As far as walls go this is the inspiration for the age:



My opinion only DYOR
Fact Finder

"OK, only if you boys promise not to expand NATO."

Whoops, should have had their lawyers go over that one and had it put in writing.

 

[buena suerte :-)]

I thought I'd just quietly put this here.

It exactly reminded me of good old Basil Brush......cheers

 

[TheDrooben]

C'mon smash through that wall at 52c.......

 

[buena suerte :-)]

Boom Boom Booom

 

[TheDrooben]

C'mon smash through that wall at 53c...
.

 

[TheDrooben]

C'mon smash through that wall at 55c.....

 

[RobjHunt]

What will Friday's "Hour of Power" reveal, I wonder??

Pantene Peeps

 

[Bravo]

I thought I'd just quietly put this here.

Or this?

 

[IloveLamp]

 

[DingoBorat]

@DingoBorat it seems your uptrend call sent schnitzel into a cave of shame.

Unfortunately I can't give you all the credit though.
My little one was born on Feb 1st and I believe he may have brought me, and by extension the rest of us good fortune haha
He picked the bottom it seems.
Whilst bravo runs, I will rub his belly for good luck!

View attachment 57670
View attachment 57669

Congratulations Damo
And he has a protective Dingo cousin, by his side

And Cheers, I would graciously take this as being, the "Dingo uptrend" as I think this one, may just make a name for me

But to be honest, my trend fizzled out..

If you tell us your Son's name, or "nickname" we can Christen this trend, with "his" name

 

[Investig8ed]

Got my broker sending messages trying to get me to sell.
Don't ride this one down.
Get out.
Shorters must be sitting themselves.

 

[buena suerte :-)]

C'mon smash through that wall at 55c.....
View attachment 57696

I did call 55c earlier....but got this voice in my head saying..."Tell him he's dreaming"

 

[TECH]

I agree, there are several reasons, there may have been many on the sidelines already, for various things, but I still think the Intel event, stands out, as the obvious catalyst, given that yesterday, was such a big day.

As you say, nothing ever goes up in a straight line (or angle to the right) except those companies, with charts that do exactly that.

This is International demand, of a type we haven't seen before.

The Mercedes thing, doesn't even come close..

People trading or "trying" to trade, fair enough, the temptation is great, with so much money to be made.

People selling, because they think we have hit a ceiling, or something like that?...

I think they have rocks in their heads..

Some Company follow through, would be nice and is coming, but there are still mountains of developments "already" in the arena, which we all know about, but the World is still digesting...

That the Company, doesn't "need" to shove another spoonful, down the collective World's mouth, for some time yet.

I totally agree...any wall is just being wiped, whomever doesn't appear to give a s#$@ about the ASX and their pathetic speeding ticket/s
rules, this appears, as many have suggested, a big foreign player/s who know the massive potential of this little Australian founded company.

My gut tells me it's an American buyer, for what it's worth, we shall see soon enough.

Cheers....Tech.

 

[Space Cadet]

As far as walls go this is the inspiration for the age:



My opinion only DYOR
Fact Finder

And he didn't remember doing it the next day.

SC

 

[Fastback6666]

One year ago today we opened at .52 and closed at .54.
One month ago we opened and closed at .15 and a half.
Why?????
I, and others are asking.
Not that it's not a welcome change after the last two years of decline and it is heartening to see the repopulation of dollars in my portfolio.

We here have had a micro focus on AI and it's proposed applications, particularly in regard to BrainChip and her expanding eco system.
But for most of the great unwashed out there AI has been merely the stuff of movies and whilst spelling prompts and in car navigation are useful gimmicks in our gadget enmeshed lives they are hardly Terminator engaging.

Enter Chat GPT only a year or so ago and all of a sudden there is a killer app that has not only gripped the imagination of suddenly millions with immediate access and implication, but has also gripped the attention and focus of the general media.
You can't flip on a screen these days without tripping over a report on it's both potential wonders and horrors.

AI and the coming General Artificial Intelligence is now reaching peak zeitgeist and everyone and their dog wants to own a piece of it.

I have been concerned that our rather sudden hockey stick like growth is just another manipulation and have no doubt that any initiating players continue to make good moolah from it.
With this in mind I am watching intently for signs of a collapse which I will endeavour to take advantage of this time, if it occurs.

But, it just may be, that we are experiencing a tipping point in the general attitude towards our stock whereby it is re-rated and the mood of the majority swings into alignment with that of our Company and its existing investors.
It is something I have been personally expecting and advocating for the past 9 years or so.

So lucky me.
Now I just have to make sure I don't suffer the fate of that Apple guy who sold WAY TOO EARLY and settled for a pocketful of beans.

This is not intended as any sort of advise of course but I am certainly enjoying the volume of turnover we are currently experiencing and eagerly await Sean's roadshow next Tuesday.
Seems like a good time for a reveal of some sort.
Giddy up!

Well the insto’s have now seen ARM and Intel (as a well as Nvidia) going strong in the AI space - not just theory they are pulling in hundreds of millions so it’s not sci fi, this is actually converting to real dollars.

So…

The insto’s have started scouring all their tech partners and looking for “who are the partners undervalue and important in the AI space”

Ohh hang on what is this Brainchip at 16 cents and at only a tiny market cap….geez we better get on that as they look like a key player in the tech AI edge space…geez buy as much as you can before the other insto’s find this little gold mine!

I think that’s what’s happening now….at least hoping….if it’s not that then something else has leaked.

 

[Esq.111]

BoooOOOM......... $0.535 SOLD

6% Floated stock traded

5 : 1 ratio Also.

 

[buena suerte :-)]

One hundred milllliiiiion!!!

 

[Newk R]

Cockroaches are back

 

[7für7]

Which COCKROACHES SOLD NOW????