BRN

0.00%

21.0¢ brainchip holdings ltd

2021 BRN Discussion, page-28995

First 28995 Last

Share
Profile

Follow
Marekla

76 Posts.

44

11/11/21

21:28

Post #: 57510338
Share

Originally posted by IndepthDiver: ↑

I'm surprised no one else has commented but I would be surprised if the new CEO wasn't behind the decision of the new Brainchip office. I think this is a big decision that would have relied strongly on their input.

Consider some of the elements that would have gone into this decision:
-Company strategy: Commercialisation requires a very different focus than R&D / design. How fast is the new CEO planning to expand - if you do this too quickly it can lead to failure, but if you do this too slowly competitors will catch up. This office is meant to house the development, engineering, sales, finance and marketing teams. Even though these are relatively small now, they will grow quickly once funds start coming in.
-Income: It would have also have factored in the projected income stream from current and potential customers.
-Office size: How many employees does the company envision they will have in 5/10 years time? You don't want to keep moving offices too often as it's disruptive. Again, this would have
-Office location: This is where the CEO will be spending most of their time, so they would want it to be suitable for both them and their employees. This might factor in the location of some of their customers and partners, the pros and cons of living in there vs being closer to a bigger city.
-Branding: This new office is their biggest and where I would anticipate many clients to visit. It would need to look the part for a world-class semiconductor company.

Obviously there's a lot more than this that goes into it. But it would be strange to announce this, then in say 6 months time the new CEO comes along and says they're moving again. This is no small decision IMO. The current employees may have been looking into this for a while but I think the final sign-off would have made by the new CEO.

IMO the CEO has been doing some work in the background for a while now. I have been thinking this for a while based on some of the previous announcements, but I think this one is about as close to confirmation as you'll get until the official announcement.

Pure speculation, DYOR

Expand

Interesting thought Indepth, I had the same one too. A new commercial building is an investment in the future. Especially since a property and all associated formalities are not completed within 2 weeks. So it is at least in Germany that it can take 1-2 years, for example, because a special form of a hamster lives in the nearby paddock and could therefore be disturbed
Means to me that this move has been planned for a long time and the CEO either lives nearby OR is moving there.

BRN Price at posting: 49.0¢ Sentiment: Buy Disclosure: Held
14 Upvote

1 Great analysis

Reply

There are more pages in this discussion • 4,586 more messages in this thread...

First 28995 Last

Add BRN (ASX) to my watchlist

(20min delay)
Last 21.0¢		Change 0.000(0.00%)		Mkt cap ! $389.7M

Open	High	Low	Value	Volume
20.5¢	21.5¢	20.5¢	$939.4K	4.490M

Buyers (Bids)

No.	Vol.	Price($)
10	201415	21.0¢

Sellers (Offers)

Price($)	Vol.	No.
21.5¢	667700	20

View Market Depth

No.	Vol.	Price($)
10	201415	0.210
26	675166	0.205
71	895577	0.200
20	733471	0.195
28	760355	0.190

Price($)	Vol.	No.
0.215	422773	17
0.220	643103	17
0.225	205998	8
0.230	221870	15
0.235	671995	11

Last trade - 16.10pm 14/06/2024 (20 minute delay)


Last 21.3¢		Change 0.000 ( 1.05 %)
Open	High	Low	Volume
21.0¢	21.5¢	21.0¢	2673397
Last updated 15.59pm 14/06/2024 ?

BRN (ASX) Chart

2021 BRN Discussion, page-28995

Featured News

ASX Market Close: Unemployment dips as index climbs | 13 June, 2024

Maiden production at Alta Mesa puts Boss on the charge for 3Mlbs target

Triangle gets approval for Perth Basin carbon sequestration project

Week 24 Wrap: US contagion sentiment not so contagious; iron ore remains pressured

Telix dips as pharma giant abandons US IPO for NASDAQ listing – despite record run

ASX Market Close: Consumer Discretionary rises ahead of interest rates decision | June 14, 2024

Lightning spots additional pegmatites during first Brazilian visit

Whitebark launches $1.5M capital raise to progress QLD geothermal assets

Pearl Gull Iron snaffles REE project in Chile, noting geological echoes of China

Dominos looks tasty and tempting, but could be too spicy and even dicey

Buyers (Bids)

Sellers (Offers)

Featured News

2021 BRN Discussion, page-28995

Featured News

Top Stories

ASX Market Close: Unemployment dips as index climbs | 13 June, 2024

Maiden production at Alta Mesa puts Boss on the charge for 3Mlbs target

Triangle gets approval for Perth Basin carbon sequestration project

Week 24 Wrap: US contagion sentiment not so contagious; iron ore remains pressured

Telix dips as pharma giant abandons US IPO for NASDAQ listing – despite record run

ASX Market Close: Consumer Discretionary rises ahead of interest rates decision | June 14, 2024

Lightning spots additional pegmatites during first Brazilian visit

Whitebark launches $1.5M capital raise to progress QLD geothermal assets

Pearl Gull Iron snaffles REE project in Chile, noting geological echoes of China

Dominos looks tasty and tempting, but could be too spicy and even dicey

Buyers (Bids)

Sellers (Offers)

Featured News