2021 BRN Discussion, page-703

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hamilton66

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05/03/21

18:48

Post #: 51560807
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Originally posted by Mr Tech Laden: ↑

It has been an interesting day.

With all the shares that have been issued over the journey, we as a speculative investment, I'll rephrase that, I don't consider Brainchip a speculative investment, and haven't for around 3 years.

That's a personal view, which would rub many up the wrong way, that's why we have a choice in the free world.

My view has been based on 10 contacts within the company, all at different levels of mutual contact.

Integrity, Morals, Values, just generally friendly, open (not the way you maybe thinking) great blokes.

Learning as much as you can about the company that you have invested in, doesn't just mean, focusing on the technology in this case, it's the Management and the individuals behind this company, who are as valuable as the technology itself, in my opinion.

With 1.6 Billion shares on issue, I have already broken one of my own personal disciplines, never invest in a stock that breaches the 1 Billion mark, especially when there's no real revenue and the word dollars aren't referred to in the stock price, so a good whipping could be in order

Why did I bother to mention that, because we are so liquid, with all the dilution, there's so many sellers on the horizon, especially with around 56 % outside the top 20, many will be diving in to sell all the way until we hit the magical $1.00 and then the pattern may change, once again, purely my own view, it's your choice to disagree, and that's fine.

Have a pleasant weekend back in Aussie, we'll just keep on shaking with the Earths crust back here in NZ

Tech

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Tech, we're very much of the same mindset, tho when I 1st bought into BRN, the share issue was in 100s of thousands. I've only broken that billion rule once, with XST. Looks like I'm about to find out on Monday whether or not I was smart. For the younger ones on here, there's a really old, but great ww2 movie , based on fact, called " The dam busters" . Great parallels with BRN. Might take a couple of goes, but once the dam wall bursts, happy days.For the bolted on, hold the faith, ignore the s/p, and hold tight. Our day is coming. GLTA.

BRN Price at posting: 44.5¢ Sentiment: Buy Disclosure: Held
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