BRN 2.22% 22.0¢ brainchip holdings ltd

Where to from here?, page-1602

  1. 1,709 Posts.
    lightbulb Created with Sketch. 3746
    Yes, 3-4c for me, please. smile.png

    4.5c? Market Capitalisation of A$60M? Further dilution on no revenue? Somewhat scares me.

    BrainChip's IP and the hope of great share price returns on the Akida release is at work here.

    I didn't mind much when BrainChip Studio's revenue was worth millions starting in late 2018?

    Supposedly cash receipts growth was expected? We were repetitively told so?

    Now they're "immaterial"? "Total cash receipts for the September quarter were immaterial."
    https://www.asx.com.au/asxpdf/20191031/pdf/44b39fd0h38cjx.pdf

    I definitely waited and held longer than I should have. Continued to buy on the way down.

    Can't help but feel like I've been somewhat misled, maybe? I must be an emotional holder? redface.png

    I'm likely "once bitten, twice shy" concerning BrainChip now? Could you blame me though?

    3c (AU$40M)? It's possible? Assuming no news by the release of the December quarterly?

    Assuming no news, 3c also de-risks the amount I might lose holding from there onward.

    Happy to buy at 9c and above too, on a very good de-risking announcement from the ASX.

    My strategy? It's to wait for either:
    1) a lower price entry on no news
    2) a higher price entry on a significant de-risking announcement

    My posts shouldn't cause anyone concern. I've said this before. Everything I post is my opinion on very well known and easily enough to find public information.

    I don't think anyone can down ramp on the opinion of very well known and easily enough to find public information. The market has already taken that information into account. Hence why BrainChip is sitting down here at 4.5c. That's what the market thinks is fair value, based on the information that's out there right now.

    Naturally, as time goes by, if there's no news, and if there's no revenue, and the cash begins to dwindle, and the capital raising seems much more certain and much more closer, then you might see a further drop in the share price. I'll be waiting down there.

    It seems like I'm not the only one with that idea?

    https://hotcopper.com.au/data/attachments/1875/1875206-78b74a3eaf98971719fbd3480242ca0a.jpg

    Hmm, that 200,000 buy at 1.9c, I highly doubt that will ever get hit...

    But, I once thought that BrainChip would never ever go below 10c! frown.png Maybe it's possible? redface.png

    Finally, if there's actually a poster here (hopefully not) that takes what I say as a source of information and then uses it as serious consideration when they plan their own investments, then clearly they're not doing their own research and that really is truly worrying, isn't it?

    I think most (hopefully all) of us are here because we simply enjoy sharing our thoughts?

    I'm just here to share my opinions as I continue to grow as an investor.

    I might get battered and bruised for my public opinions, but it's a very good learning tool. smile.png
 
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Last
22.0¢
Change
-0.005(2.22%)
Mkt cap ! $408.3M
Open High Low Value Volume
22.5¢ 22.5¢ 21.8¢ $1.107M 5.019M

Buyers (Bids)

No. Vol. Price($)
6 110458 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 355185 24
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