BRN Discussion Ongoing

[HopalongPetrovski]

BOOM

Hey Esqi.
Seems that 19.3 cent SPP offer is acting a bit like a sea anchor holding our price within a few pips.

I had been considering a short term trade with the 155,000 odd if we got up to .23/.24 and then buying back in with the plan for a quick 3-4 grand profit with minimal risk and just losing the CGT discount on those shares for another year.
This is based on the assumption there may not be too many takers, given the relative small discount to on market price and the lack of any attached oppies.

I wonder too if they would reject my money if I oversubscribed?
They're wording says.....

"The Company may choose to accept applications outside the prescribed parcel sizes at their absolute discretion."

I've been lucky in the past and usually had my oversubcriptions filled, but generally the offering Company has made the possibility a little more inviting.

Be interested in your thoughts.

 

[Pom down under]

By the looks of things I might have done myself a favour by not knowing how to buy in the cap raise

 

[Esq.111]

Morning HopalongPetrovski ,

Sea Anchor indeed.

$25 mill cap raise ...... thought our CEO had a membership at Silicone Valley Club ..... would appear not so connected.

On The Insto or other that took a punt with the $22 mill purchase , with a minimum hold period of 12 months........ well thinking like someone in the business of making money and getting a return on such , wonder if our company was smart enough ( very Doubtful ) and included a caveat where these shares cant be lent out for shorting.

This could eventuate into a bigger sh#*t show than they have achieved thus far , from a shareholders perspective.

Purely a guess , but id say the Board will be chasing as much cash as can be extracted.

Regards ,
Esq.

 

[DingoBorat]

By the looks of things I might have done myself a favour by not knowing how to buy in the cap raise

View attachment 67257

Perhaps..
Looks like people are pulling sells now..

Was watching the action on open today, was looking like "someone" was determined to have us open lower.
Then a lot of medium to small mid trades lower..
A couple of iddy biddy sells at 19.5, some more mid trades and then bang a whole big wad at 19.5.

Games as usual..

 

[HopalongPetrovski]

Morning HopalongPetrovski ,

Sea Anchor indeed.

$25 mill cap raise ...... thought our CEO had a membership at Silicone Valley Club ..... would appear not so connected.

On The Insto or other that took a punt with the $22 mill purchase , with a minimum hold period of 12 months........ well thinking like someone in the business of making money and getting a return on such , wonder if our company was smart enough ( very Doubtful ) and included a caveat where these shares cant be lent out for shorting.

This could eventuate into a bigger sh#*t show than they have achieved thus far , from a shareholders perspective.

Purely a guess , but id say the Board will be chasing as much cash as can be extracted.

Regards ,
Esq.

Thanks Esqi.
Unfortunately, I agree.
Unlikely our buyer would want to hamstring themselves with such a caveat.
Although I think the polite term is, ahem,.....hedging.

 

[FJ-215]

Perhaps..
Looks like people are pulling sells now..

Was watching the action on open today, was looking like "someone" was determined to have us open lower.
Then a lot of medium to small mid trades lower..
A couple of iddy biddy sells at 19.5, some more mid trades and then bang a whole big wad at 19.5.

Games as usual..

Possibly shorts putting more pressure on to help close out their positions.

 

[Smoothsailing]

This a great overview of the future of AI within all the leading players , we’re does BRN sit do you think ?.

The Future of AI Chips with Tenstorrent's Keith Witek

On this episode of FYI, ARK’s Chief Futurist Brett Winton and Next Generation Internet Director of Research Frank Downing sit down with Keith Witek, the Chie...

www.youtube.com

 

[HopalongPetrovski]

 

[DingoBorat]

Possibly shorts putting more pressure on to help close out their positions.

That's what I'm thinking.

Taking new positions at these levels, with the Company cashed up, doesn't make a lot of sense.

But the Company needs to make definitive progress, lest it does..

 

[DingoBorat]

Quick! Cut to a commercial!

 

[FJ-215]

That's what I'm thinking.

Taking new positions at these levels, with the Company cashed up, doesn't make a lot of sense.

But the Company needs to make definitive progress, lest it does..

Takes time for the market to get comfortable with the number of new shares on issue. We just had our equivilent of a Xmas in July sale, 100M+ shares would be, what, a months worth of shares traded in one day. Genuine buys are probably exhausted leaving only Shorts and bargain hunters.

Have a look at DRO after their CR. They took a hit before THAT run. Fingers crossed for us!

 

[HopalongPetrovski]

Takes time for the market to get comfortable with the number of new shares on issue. We just had our equivilent of a Xmas in July sale, 100M+ shares would be, what, a months worth of shares traded in one day. Genuine buys are probably exhausted leaving only Shorts and bargain hunters.

Have a look at DRO after their CR. They took a hit before THAT run. Fingers crossed for us!

Takes a little bit of fine tuning the bots to get that 19.25 holding steady.
Another two weeks of this shite?
Wonder what the master plan is?
Or what the outcome of the struggle for dominance will be?
A nice big money announcement, out of the blue, would be fun to watch and ride, right about now.
Bring it, BrainChip!

 

[7für7]

I

Takes a little bit of fine tuning the bots to get that 19.25 holding steady.
Another two weeks of this shite?
Wonder what the master plan is?
Or what the outcome of the struggle for dominance will be?
A nice big money announcement, out of the blue, would be fun to watch and ride, right about now.
Bring it, BrainChip!

Brainchip? ….. it’s time !

 

[IloveLamp]

Perhaps one of our resident patent guys / gals could check this out?

One shot learning

Prof. Nick Colosimo MSc PgC BSc(Hons) CEng FIET FIKE FBCS FRAeS on LinkedIn: New patent publication. No, it's not flying jellyfish counter-drone…

New patent publication. No, it's not flying jellyfish counter-drone drones this time. It's a type of Artificial Intelligence. This one took a lot of 'out of…

www.linkedin.com

 

[Fullmoonfever]

Perhaps one of our resident patent guys / gals could check this out?

One shot learning

Prof. Nick Colosimo MSc PgC BSc(Hons) CEng FIET FIKE FBCS FRAeS on LinkedIn: New patent publication. No, it's not flying jellyfish counter-drone…

New patent publication. No, it's not flying jellyfish counter-drone drones this time. It's a type of Artificial Intelligence. This one took a lot of 'out of…

www.linkedin.com

View attachment 67264 View attachment 67265
View attachment 67262 View attachment 67263

Actually saw this vacancy a couple days ago and hadn't posted yet but appears BAE are into neuromorphic too.

FAST Labs - Digital Microelectronics Technology Development Lead in Merrimack, New Hampshire, United States | Engineering & Technology at BAE Systems

Apply for FAST Labs - Digital Microelectronics Technology Development Lead job with BAE Systems in Merrimack, New Hampshire, United States. Engineering & Technology at BAE Systems

jobs.baesystems.com

FAST Labs - Digital Microelectronics Technology Development Lead​

This job is available in 4 locations See allCategoryEngineering & TechnologyJob Id103227BRFull-time onsiteElectronic Systems

(Excerpt):

Required Education, Experience, & Skills
The ideal candidate will possess the following:

• Excellent written and oral communication skills
• Experience capturing and leading projects within the defense microelectronics community, at the cutting edge of technology
• Prior experience as principal investigator on DoD R&D programs
• Track record of technical innovation as evidenced by journal and conference publications or patent filings
• Demonstrable entrepreneurial drive
• Experience in at least one of the following areas:
  
  • Digital Signal Processing
  • AI/ML Hardware Acceleration
  • Digital system architecture
  • Neural networks or neuromorphic engineering
  • In-memory compute processors
• Ability to obtain clearance at the Secret level or higher

 

[IloveLamp]

Actually saw this vacancy a couple days ago and hadn't posted yet but appears BAE are into neuromorphic too.

FAST Labs - Digital Microelectronics Technology Development Lead in Merrimack, New Hampshire, United States | Engineering & Technology at BAE Systems

Apply for FAST Labs - Digital Microelectronics Technology Development Lead job with BAE Systems in Merrimack, New Hampshire, United States. Engineering & Technology at BAE Systems

jobs.baesystems.com

FAST Labs - Digital Microelectronics Technology Development Lead​

This job is available in 4 locations See allCategoryEngineering & TechnologyJob Id103227BRFull-time onsiteElectronic Systems

(Excerpt):

Required Education, Experience, & Skills
The ideal candidate will possess the following:

• Excellent written and oral communication skills
• Experience capturing and leading projects within the defense microelectronics community, at the cutting edge of technology
• Prior experience as principal investigator on DoD R&D programs
• Track record of technical innovation as evidenced by journal and conference publications or patent filings
• Demonstrable entrepreneurial drive
• Experience in at least one of the following areas:
  
  • Digital Signal Processing
  • AI/ML Hardware Acceleration
  • Digital system architecture
  • Neural networks or neuromorphic engineering
  • In-memory compute processors
• Ability to obtain clearance at the Secret level or higher

Yes, I believe we've found connections to BAE in the past

 

[TECH]

Good afternoon,

Having just been in touch with Tony, it appears all going well, next week our Quarterly Investor Podcast will be released, during
which I believe Sean will address the Akida Edge-Box amongst other questions put forward by Tony.

Cheers Tech.

 

[itsol4605]

Good afternoon,

Having just been in touch with Tony, it appears all going well, next week our Quarterly Investor Podcast will be released, during
which I believe Sean will address the Akida Edge-Box amongst other questions put forward by Tony.

Cheers Tech.

"it appears all going well".
I am wondering how Tony defines "all going well"

 

[Tezza]

Good afternoon,

Having just been in touch with Tony, it appears all going well, next week our Quarterly Investor Podcast will be released, during
which I believe Sean will address the Akida Edge-Box amongst other questions put forward by Tony.

I hope one ? Is when are the deals coming

 

[Kachoo]

Cheaper to buy on the market the the SPP WTF