Chart, page-9035

Hi Stan9614 great post and info. Thankyou.

It really shows that Retail dumped 54 Mil shares and the Three Amigos bought it all up [JP Morgan, Instinet Nomura, UBS].

Your Question #1. Why Retail selling after 70c? phycological peak?
A. Could well be. Many Retail in Spec stocks won't hold on after a certain level because they believe the high gains in profit cut back.
example is buy @ 3c and Sell @ 15c giving a multi bagger = 500% (5x)
Once a Spec stock(yes BRN is still viewed this until solid revenue) hits 50c etc to get a 500% profit means a run up to $2.50 (5x) and this is much harder to do.
So many Retail investing in Spec's have a limit from 30c-50c and will sell to go back and pick up that next 3c-5c future multi bagger!

Question #2. Why is instos keep on buying consistently in this period.
A. Very interesting question with several possible answers. One answer I gave earlier was accumulation for a T/O at some time. Possible.
Another answer might be the ASX 300 inclusion and future ASX 200 inclusion end of year etc.
UBS and JP Morgan are well known for trading "pump & dumps" getting profit from such action. This could well be whats going on.
Instinet Nomura is a brokerage specialising in accumulation for on behalf or on sale to Fundies etc. I was hoping this would be going into Cathie Woods ARKX fund but we were left out. Strangely! John Deere made but not us. Must need tractors on the Moon or Mars.
Really thought since we have NASA etc going we were a shoe in for ARKX.

Now I know many here will condemn any T/O talk. BUT..............
trading figures do align with this. And...........
Peter & Anil are not young anymore and have devoted many years (10?) into Akida which is now "Born" and learning to walk and talk as such.
They have Akida 2000 & 3000 in the pipeworks already designed(?) and to put through the paces over the next 2-4 yrs.
So they have "Achieved" their goals of a Neuromorphic AI Chip really and may just be eying off retirement in the next 3-5 yrs before they are just to old to enjoy their wealth and health!

Take Peter, who IF we got a T/O @ $3 would have nearly $400 Mil for his shares. Maybe gets a $10 Mil Salary from new Masters to continue on with BRN for next 4 yrs. So not bad. Try to spend THAT!
Also since they are near retirement age there is another "factor" which will maybe have an effect. [it does even with me!]
And that is ...........quite a few of their friends and acquaintances will be passing away (ie:dying) from various medical issues! This percentage goes up once you pass 55yrs old and does make you realise you may not live all that much longer.
Cannot take that $400 Mil with you, can you?
And to add to this "factor" they have had Louis get 3rd degree burn his hands requiring skin grafts. Proves life can change drastically very quickly.
Personally I have lost many pilot mates to flying accidents & the big "C" in recent years. So............I would be seriously thinking about this if I was Peter or Anil.

To say 2021 will proven to be a interesting year for BRN is probably an under estimate. Brainchip is not stopping so more will be coming along for us shareholders.

Yak52