Well yet another day of complete shit on the ASX and we still have 'Red Friday' to come -thanks BRN. With management incapable of navigating the ASX reporting rules wtf will it take to turn this around. Seems to me all of our engagements, including NASA and Merc are just trials to see if AKIDA is suitable for their purposes - we haven't had confirmation otherwise, just hopeful dots by association. These supposed NDA's are killing us but it's ok because the 'SP will do what the SP does'.....f*ck that!
Share price movement of Brainchip, discussion, The Good The good and the good only.
- Thread starter Rise from the ashes
- Start date
BaconLover
Founding Member
Breakout attempt on SP500.
Even if there is a retrace, so long as it doesn't break down the support things are looking okay.
Similar breakout happened in August last year, but did not hold.
AI stocks on NASDAQ are also running well.
?Possibly the chatGPT effect and familiarity amongst the masses?
BaconLover
Founding Member
As to BRN, it has come down from the channel on the daily, OBV is slightly on the descend, which means there is selling pressure.
There are two gaps below at approx 50 c and 54 cents. Breakout gaps usually act as good support zones as far as I know and is less likely to be filled, so hopefully it does it's job.
4C was as we all expected.
DYOR, as everyone sees market differently, and my buy/sell plans would be different to yours so please don't make investment decisions on this. Happy to see and discuss other charts/views.
There'd be a fair bit of angst if it gets to 50c again. This is where it starts to get challenging and tests how much resolve and belief you have in the company. Is this an opportunity to top up to reduce ave cost base, risking more capital or is it a sign to do the opposite and run for the exits? Didn't think we'd see these levels again. Lack of IP sales is destroying us here.....
BaconLover
Founding Member
They are bringing up a new sales team. Should be worth keeping an eye on.
Not saying it will go to 50c. But yeah, it will test most people's patience IF it does happen.
Even the patience of the one's who whinge about whingers lol.
On a more Pollyanna(ish) note....easier to adopt if one has no plans to sell for a long time (like me)...with the indices in an uptrend (especially semi-conductors) one good news release or one or two big funds sniffing around (non Aussie preferably ) and the short interest being what it is + Science Fiction being validated.........
Well most of you get the picture.
Well most of you get the picture.
Yes I think the best approach for me is to not look at the SP for a while, perhaps until the AGM - big ask but might be required for my sanity
BaconLover
Founding Member
LDA will be off our back by ''early'' AprilYes I think the best approach for me is to not look at the SP for a while, perhaps until the AGM - big ask but might be required for my sanity
''The Capital Call Notice pricing period will begin upon exercise of the put option on or around 11 January, with an anticipated ending date in late March or early April, subject to adjustments based on the share price performance throughout the pricing period.''
Last edited:
BaconLover
Founding Member
buena suerte :-)
BOB Bank of Brainchip
cosors
👀
If good news doesn't help maybe try the opposite?
We could bring bad news and that could scare off the shorters and the SP goes ballistic?!
I know it doesn't make sense, but neither does the other. Maybe it will also scare off a possible big player in the background. We can only win in both cases, so have the guts to try. It must be possible to find something bad, make it a little dirty, exaggerate it and decorate it with a bit of crap and then off to the ASX.
price sensitive: maybe
Is the office allowed to publish the figures only once a year instead of quarterly? That would also be worth a try.
We could bring bad news and that could scare off the shorters and the SP goes ballistic?!
I know it doesn't make sense, but neither does the other. Maybe it will also scare off a possible big player in the background. We can only win in both cases, so have the guts to try. It must be possible to find something bad, make it a little dirty, exaggerate it and decorate it with a bit of crap and then off to the ASX.
price sensitive: maybe
Is the office allowed to publish the figures only once a year instead of quarterly? That would also be worth a try.
Last edited:
alwaysgreen
Top 20
I think I upset some people today haha
I just don't agree with people attacking and ridiculing others for a difference of opinion or raising a valid concern. It makes me think they are insecure in their investment.
Anyway, I'll keep my concerns out of the other thread but I'm just going to list them here.
We all know the positives, Fact Finder has outlined them multiple times.
Here are my issues:
- In 18 months of commercialisation, we have only 2 license deals. Renasas only licensed 2 nodes. We haven't sold any licenses since Nov 21. Considering the information today that Akida 1500 is customised to suit a specific customer, I assume that based on the licenses sold, not many fabs really see a demand or use for us yet or our product needs tweaking in order for customers to actually pay for it. I think it's a pretty valid concern. Businesses need sales. Without sales, we are screwed. Hoping Akida 1500 leads to an explosion of sales (as we were told by PVDM would arrive once we are commercialised but is yet to materialise). Have we lost much of our 3-5 year lead because nobody wanted our initial offering?
- We still have a $1 billion dollar market cap. To justify this, we are going to need revenue and pretty soon or we are going to continue to slip back. Are Megachips and Renasas going to provide us with $40 million dollars revenue to justify our current value and then what about growth?? If not, where are we going to get the remainder of our revenue from? I know there are partnerships but until they bear fruit (revenue), I will always have some level of insecurity and anxiety. Even the CEO of WEEBIT yesterday said that in the tech world, you never know who will bring something out and knock us off our perch. Until we are selling a lot, I will be anxious.
Anyway, I think the LDA call and expediting AKD1500 was necessary and a good call from Sean. As I mentioned in the thread today, if AKD1500 doesn't lead to at least a couple of new signings by mid year, then I am out - purely because I think our product may not be in as high demand as I originally hoped. And I could be off the mark, but hey that's on me.
That being said, I hope Brainchip goes to $10! Bring it on.
I just don't agree with people attacking and ridiculing others for a difference of opinion or raising a valid concern. It makes me think they are insecure in their investment.
Anyway, I'll keep my concerns out of the other thread but I'm just going to list them here.
We all know the positives, Fact Finder has outlined them multiple times.
Here are my issues:
- In 18 months of commercialisation, we have only 2 license deals. Renasas only licensed 2 nodes. We haven't sold any licenses since Nov 21. Considering the information today that Akida 1500 is customised to suit a specific customer, I assume that based on the licenses sold, not many fabs really see a demand or use for us yet or our product needs tweaking in order for customers to actually pay for it. I think it's a pretty valid concern. Businesses need sales. Without sales, we are screwed. Hoping Akida 1500 leads to an explosion of sales (as we were told by PVDM would arrive once we are commercialised but is yet to materialise). Have we lost much of our 3-5 year lead because nobody wanted our initial offering?
- We still have a $1 billion dollar market cap. To justify this, we are going to need revenue and pretty soon or we are going to continue to slip back. Are Megachips and Renasas going to provide us with $40 million dollars revenue to justify our current value and then what about growth?? If not, where are we going to get the remainder of our revenue from? I know there are partnerships but until they bear fruit (revenue), I will always have some level of insecurity and anxiety. Even the CEO of WEEBIT yesterday said that in the tech world, you never know who will bring something out and knock us off our perch. Until we are selling a lot, I will be anxious.
Anyway, I think the LDA call and expediting AKD1500 was necessary and a good call from Sean. As I mentioned in the thread today, if AKD1500 doesn't lead to at least a couple of new signings by mid year, then I am out - purely because I think our product may not be in as high demand as I originally hoped. And I could be off the mark, but hey that's on me.
That being said, I hope Brainchip goes to $10! Bring it on.
Spot on mate. Agree to all that 100%.
BaconLover
Founding Member
Don't know if anyone has noticed, there are a couple who post ONLY to complain about others and abuse people (we all know who I'm talking about).
Go through their post history, that's all those couple of posters do, each day every day.
I wouldn't worry about it.
I also saw a poster complaining about not reading anything knowledgeable.
What has he contributed? Ever?
Everyone is just looking to take, but not share.
That thread is named BRN Discussion and I'm going to discuss anything BRN related there, no matter some people like it or not. You cannot please everyone, neither I intend to either.
We all need to relax a bit, chill out. Not take everything at heart.
That's my sermon for today.
So I say keep the healthy discussion coming. I like to see all view points. Those who want to put their heads in sand can feel free to do so
Go through their post history, that's all those couple of posters do, each day every day.
I wouldn't worry about it.
I also saw a poster complaining about not reading anything knowledgeable.
What has he contributed? Ever?
Everyone is just looking to take, but not share.
That thread is named BRN Discussion and I'm going to discuss anything BRN related there, no matter some people like it or not. You cannot please everyone, neither I intend to either.
We all need to relax a bit, chill out. Not take everything at heart.
That's my sermon for today.
So I say keep the healthy discussion coming. I like to see all view points. Those who want to put their heads in sand can feel free to do so
alwaysgreen
Top 20
Don't know if anyone has noticed, there are a couple who post ONLY to complain about others and abuse people (we all know who I'm talking about).
Go through their post history, that's all those couple of posters do, each day every day.
I wouldn't worry about it.
I also saw a poster complaining about not reading anything knowledgeable.
What has he contributed? Ever?
Everyone is just looking to take, but not share.
That thread is named BRN Discussion and I'm going to discuss anything BRN related there, no matter some people like it or not. You cannot please everyone, neither I intend to either.
We all need to relax a bit, chill out. Not take everything at heart.
That's my sermon for today.
So I say keep the healthy discussion coming. I like to see all view points. Those who want to put their heads in sand can feel free to do so
Hahah agreed. And I know exactly who you are referring to. Does my head in.
Either way, I'm going to leave it for now and not bite back. Not worth my time or energy.
We'll have to have our own private $10 party because we've offended too many of the others haha
Funny how the sentiment has changed - I voiced similar concerns a while back and got blasted by many. I'm sick of all the dot joining and potential partnerships - I think the 1000 eyes are mostly jumping at shadows.
I was impressed with TD's email response today, though which acknowledged the delays and advised that patience would likely reward long term holders. AKIDA 1000 clearly isn't quite what it was stacked up to be,from a commercialization sense, hence the roll out of 1.5 and 2.0 soon. Let's see if the next quarter shows some reaction to the upgraded tech.
BaconLover
Founding Member
Nah that's no fun.
Sensitive ones can have their own boring party.
We're going to attend the shareholders party
And dance the f*ck out after having couple of shots of whisky.
Similar threads
- Deleted member 118
- BRN - Brainchip Holdings Ltd
