2024 BrainChip Discussion, page-10207

To be fair, unless it's a company announcement marked "Price Sensitive" and released through ASX - then they remain unconvinced.

Investors generally don't read tech forums and tech news.

As you know, price is driven by market sentiment - and if the market isn't reading it - positive sentiment doesn't happen.

If BRN announced it, THEN some investors would go Googling to see if it is making a splash across the tech internet.

My guess is, and it's a BIG GUESS - BRN are pissed with the ASX (after getting smacked for previous news announcements that pushed the price over $2) and have adopted the attitude "we're done, as soon as we get a big deal and revenue - we'll list on a real stock exchange. The NASDAQ."

And strutting around Silicon Valley trying to flog their tech, the question is going to be asked "What's your price on the NASDAQ?"
"er...we aren't on the NASDAQ. We are listed on the AUSTRALIAN stock exchange ." (cue mental image: Skippy jumps across screen. Paul Hogan flops out his knife).

Americans are very insular. The only place is the USA.

"Come back and talk to us when you are listed on the NASDAQ." in other words, "Go away boy, we'll talk to you when you are wearing long pants."

Big guess, and possibly flawed because low share price makes it expensive to raise cash.

So maybe they are close, and it doesn't matter.

BIG GUESSES.