2021 BRN Discussion, page-13391

First 13391 Last

Share
Profile

Follow
Bigbonzo101

796 Posts.

325

16/06/21

14:04

Post #: 53874986
Share

Originally posted by Fact Finder: ↑

The interesting thing about his presentation is he has a dodgy microphone and has to yell constantly. I thought his voice was going to give out.

The other thing is that he sees no merit in the fact that despite the ASX hitting record highs and being of concern to conservative commentators the fact that Brainchip has not been chasing this trend is a source of risk for investors.

Any shareholder who has held for at least a few months would have observed that during all the various sell off’s by the US Tech market or Wall Street generally the roll on effect heavily impacted the ASX each time but Brainchip just bobbed up and down as the wave of negative sentiment passed by and broke all over the ASX.

Then his comments surrounding the $100 million in accumulated losses defies intelligent understanding. It has been accumulated over at least six years and only stands in the balance sheet as a paper loss for future taxation purposes.

Peter van der Made made the point recently about how much had been achieved for so few for so little when gains like Intel have failed. I bet Intel is holding a much larger accumulated loss for its failed Loihi experiment. I read at one time they had 238 engineers working on trying to make it work.

My recollection of the total actual debt showing on the Brainchip balance sheet was $438,000 against at the time about $27 million Australian in the bank.

The only thing this guy seems to be on top of is the short interest in Brainchip which does make you wonder how he got this right.

What he reminded me of with his content and shouting delivery is the drunk who has mistaken the situation at a wedding and feels that he needs to convince everyone and the only way to get people to listen is to raise his voice louder and louder.

My opinion only DYOR
FF

AKIDA Ballista

Expand

I feel sorry for the people who actually listen to him... What a trap he is for them.

Might as well go read the Motely Fool too!

BRN Price at posting: 55.0¢ Sentiment: Buy Disclosure: Held
18 Upvote

0 Great analysis

Reply

Top Stories

AHK

Ark Mines provides strategic update following mining lease submission

STK

Rogozna grows with gold equivalent grading 1.1g/t across 545.7m for Strickland

IR1

IRIS shows high purity spodumene can be produced from South Dakota's Beecher project

TTT

Titomic jumps +6% as it incorporates Microsoft Hololens tech

RGL

Riversgold has rockchips boasting a holy trinity: gold, copper, and antimony. Can it move to drill?

There are more pages in this discussion • 20,190 more messages in this thread...

First 13391 Last

Add BRN (ASX) to my watchlist

(20min delay)
Last 26.5¢		Change 0.005(1.92%)		Mkt cap ! $510.2M

Open	High	Low	Value	Volume
27.0¢	27.5¢	25.5¢	$2.912M	10.89M

Buyers (Bids)

No.	Vol.	Price($)
19	785371	26.0¢

Sellers (Offers)

Price($)	Vol.	No.
26.5¢	257172	17

View Market Depth

No.	Vol.	Price($)
19	695937	0.260
39	1848000	0.255
54	1260437	0.250
23	1639164	0.245
32	1422599	0.240

Price($)	Vol.	No.
0.265	267946	18
0.270	1122581	15
0.275	814709	16
0.280	1005006	31
0.285	895694	29

Last trade - 13.11pm 09/10/2024 (20 minute delay)

BRN (ASX) Chart

2021 BRN Discussion, page-13391

Ark Mines provides strategic update following mining lease submission

Rogozna grows with gold equivalent grading 1.1g/t across 545.7m for Strickland

IRIS shows high purity spodumene can be produced from South Dakota's Beecher project

Titomic jumps +6% as it incorporates Microsoft Hololens tech

Riversgold has rockchips boasting a holy trinity: gold, copper, and antimony. Can it move to drill?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

2021 BRN Discussion, page-13391

Top Stories

Ark Mines provides strategic update following mining lease submission

Rogozna grows with gold equivalent grading 1.1g/t across 545.7m for Strickland

IRIS shows high purity spodumene can be produced from South Dakota's Beecher project

Titomic jumps +6% as it incorporates Microsoft Hololens tech

Riversgold has rockchips boasting a holy trinity: gold, copper, and antimony. Can it move to drill?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News