Yes, BrainChip is an investment, and they are listed on the ASX. As such, they have certain obligations to meet, including making timely and appropriate ASX announcements (both price sensitive & non price sensitive) and acting in the best interest of shareholders.
One of the key expectations I have of the company is to effectively utilise thr ASX announcements to keep the market properly informed. I’m not interested in Antonio taking the blame about adopting a conservative approach - he doesn't own up to his comment anyways it's not like he will take the accountability and take any negative consequences nor voluntarily step down ...
At this early stage (even though it's been a decade since we listed on ASX), when the company has minimal or close to no revenue, we can't soley refer to financial statements to assess the progress. That makes transparent communication and tangible milestones even more critical.
If you’re having issues with your partner, friends or your boss, you don’t just walk away at the first sign of frustration. You try to communicate, raise your concerns, and work toward change - especially if there’s something worth holding onto.
We, as shareholders, believe in its potential, and that’s why we’re still here. But belief doesn’t mean silence. Wanting transparency, proper use of announcements, and a sense of urgency - those are not unreasonable demands... imo only dyor
BRN Price at posting:
21.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)