Australian (ASX) Stock Market Forum

BRN - Brainchip Holdings

Big movement in February after being included as partner in presentations by ARM and Intel.
A lot more to go later this year when BRN receive some licence fees just prior to product releases onto the market that will include the Akida product.
 
Big movement in February after being included as partner in presentations by ARM and Intel.
A lot more to go later this year when BRN receive some licence fees just prior to product releases onto the market that will include the Akida product.
Lots of PATIENCE required.
 
Quick chart to display the price movement in February that @access mentioned.

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Brainchip not doing quite so well recently.
I no longer own stock, but still have it in the yearly comp.
Hopefully its merely a sign of consolidation prior to next run up.
Mick

Yes one of the 4 Dogs (down -77%) in the 2023 Comp
BRN has turned it around this year so far, turning it's short term and long term trends upwards. It had a great month in Feb but has given back about half of that in March.

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Not expecting a big move until second half of the year. Companies are still integrating the upgraded Akida technology into their own products. I am expecting to see Akida technology in product releases in the second half of this year with a big jump next year.

This and RAC could win you the trophy this year access.
 
it seems the brain has put the chip into sleep mode forca while.
Consolidating around the 30 cent mark.
More than happy with this one in the yearly comp, Even ifit only stays at this level for the rest of the year I would be happy.
mick
 
April update: There's been no news this month.

From a chart perspective price is holding in the 50 - 62% range of the impulsive Feb 24 swing. This has to be considered bullish as the sellers are thinning out. The chart support is at 0.30.
 
Mmmm...no revenue, negative $4.5m operating cash flow, just had a cap raise and still only has 3 quarters of cash on hand. Market cap of $600m. This is how shareholders permanently lose capital. The risk reward is totally asymmetric here, in entirely the wrong direction!


"The period from December 2023 to the end of March 2024, marked a quarter of significant transformation and growth for the Company."
(in areas other than revenue, profit, cash flow, asset growth and anything else to do with being a company!!!)
 
Yes one of the 4 Dogs (down -77%) in the 2023 Comp

Also - Quick chart with the Fibonacci Retracement that peter2 spoke about in his post above. I had to move it over a little to see the % figures.

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Came across this quite detailed review of Brain Chips story on another site.
It may be of interest to any current investors.

 
Yes one of the 4 Dogs (down -77%) in the 2023 Comp

Also - Quick chart with the Fibonacci Retracement that peter2 spoke about in his post above. I had to move it over a little to see the % figures.

Well the 0.30 level didn't hold and is now struggling to get back there. We'll see what happens next month.

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