BRN

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24.5¢ brainchip holdings ltd

2020 BRN Discussion, page-10948

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12/09/20

23:27

Post #: 47296572
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Originally posted by Leosu: ↑

Thanks pig, IMO this is not convincing:
1. Open market is an Australian trading platform falls under Australian financial regulation and rules. Having marketing and promotions in Chinese does not change the fact Openmarket is still within Australian jurisdiction The reason I asked whether it was an evidence that Chinese retail investors “marketing” or “promoting”BRN privately through WeChat or other Chinese media, because I was concerned about the market manipulation
from Chinese organisation oversea. I typed many keyword in Simplified Chinese about “Brainchip” “spike AI technology”, however i could not find any Chinese article “ suggested” or “promoted” BRN shares to Chinese investors. It would be thankful if anyone can kindly share with me.

2. With the Chinese regulation about restricting money flow from mainland Chinese to oversea, I don’t have a clue how Chinese investors could possibly get around the regulation to convert RMB to AUS currency and trade on Australian trading platform. Unless the currency was converted and “parked” offshore prior the introduction of the regulation which was many years ago. Or the source of the funds came from HK , Taiwan ect. Or the fund converted by underground channels in mainland China. but the key question is even it was converted underground, how can Openmarket take these funds through the underground channel and trade, there are many issues/risks if they do so.

3. I have been reading/ researching BRN for many days now, although I still not very sure how the processor possibly process/work with limited source of energy/ power. From what I can see this technology is either a a “revolution” or a “scam”— which all the were merely produced/created by computer. However I believe NASA would be the auditor in this case, and if it was a scam the directors would be definitely prosecuted. Thinking logically this possibility would be very minimal.

4. I have been watching the buy and sale in the passed couple of the days and realised the dump can not break 0.65 and 0.6, whenever it reaches a low position, large bids placed immediately. I believe people who dump the shares are only waiting to buy more when prices go lower. This indicates the buyers are willing to buy the share for long run. As long as our buyers don’t get panic , price come higher is only a matter of time.

Look I am only a newbie , but I do read and I do research , this is only my own opinion, welcome for criticism.

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@PigsMightFly

You’re arguments are unraveling and disintegrating when challenged.

What do you have to say to this?

And I’m still waiting for you to acknowledge my response to your feeble crack about universities that I obliterated lol

BRN Price at posting: 64.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 24.5¢		Change 0.010(4.26%)		Mkt cap ! $483.2M

Open	High	Low	Value	Volume
23.5¢	25.0¢	23.0¢	$2.383M	9.852M

Buyers (Bids)

No.	Vol.	Price($)
4	338128	24.5¢

Sellers (Offers)

Price($)	Vol.	No.
25.0¢	1301709	24

View Market Depth

No.	Vol.	Price($)
4	338128	0.245
12	188072	0.240
15	799510	0.235
15	904813	0.230
15	607966	0.225

Price($)	Vol.	No.
0.250	550751	12
0.255	808926	18
0.260	708908	18
0.265	321272	13
0.270	253135	11

Last trade - 16.10pm 01/11/2024 (20 minute delay)

BRN (ASX) Chart

2020 BRN Discussion, page-10948

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2020 BRN Discussion, page-10948

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