Brn - brainchip holdings

[kerryo]

Yes - BRN up 15c today 142.9% to $0.255 on $14,775K

BrainChip to roll out game protection technology at major Las
Vegas casino following successful completion of trial
Highlights
 BrainChip will roll out its innovative casino table security technology at one of
Las Vegas’ biggest casinos following the successful completion of the phase one
trial
 The roll out of BrainChip’s Spiking Neural Network‐based SNAPvision
technology will initially be across all baccarat tables in the trial casino with a
second casino to be added in the next month, followed by a roll out to more of
the group’s casinos
 The roll out will deliver an immediate and growing revenue stream to
BrainChip
 Second product application is currently being trialled across a range of table
games including Blackjack, Blackjack Switch and Ultimate Poker
 Huge market opportunity with the casino management industry, which
includes security and surveillance, expected to grow to US$4.5 billion in size by
2018

Still climbing steadily, 26.5c today, on large turnovers.

[moka]

Share price was up 38% today on no news.
Up 7c today to 25c, on 31m, so volume up. Has been 4m -8m the last couple of weeks, but there have been other high volume days in Sept and Oct.
Sep 15, 2023 - 77,441,326 traded = out of the ASX200
Sep 22, 2023 - 35,111,091
Oct 10, 2023 - 35,053,810
https://finance.yahoo.com/quote/BRN.AX/history?p=BRN.AX

Not as good as the 143% rise on 29-09-2016 though.

Yes - BRN up 15c today 142.9% to $0.255 on $14,775K

BrainChip to roll out game protection technology at major Las
Vegas casino following successful completion of trial
Highlights
 BrainChip will roll out its innovative casino table security technology at one of
Las Vegas’ biggest casinos following the successful completion of the phase one
trial
 The roll out of BrainChip’s Spiking Neural Network‐based SNAPvision
technology will initially be across all baccarat tables in the trial casino with a
second casino to be added in the next month, followed by a roll out to more of
the group’s casinos
 The roll out will deliver an immediate and growing revenue stream to
BrainChip
 Second product application is currently being trialled across a range of table
games including Blackjack, Blackjack Switch and Ultimate Poker
 Huge market opportunity with the casino management industry, which
includes security and surveillance, expected to grow to US$4.5 billion in size by
2018

[moka]

CEO Sean Hehir was in Australia early November holding meetings with shareholders, Pitt Street Research and other interested parties. One of the meetings was apparently in Sydney on 6 November. Rumour says that the price spike to 25c and volume spike to 31m on 8 Nov was because of those investor meetings.

Share price was up 38% today on no news.
Up 7c today to 25c, on 31m, so volume up. Has been 4m -8m the last couple of weeks, but there have been other high volume days in Sept and Oct.
Sep 15, 2023 - 77,441,326 traded = out of the ASX200
Sep 22, 2023 - 35,111,091
Oct 10, 2023 - 35,053,810
https://finance.yahoo.com/quote/BRN.AX/history?p=BRN.AX

Not as good as the 143% rise on 29-09-2016 though.

[Baa_Baa]

Shareholders happy with the new CEO announcement. BRN is on a roll, finally hopefully.

[alistar_mid]

yeah 29.5c today settling at 28c, good times

[showstring]

certainly some interesting and positive developments with this company, a well overdue and deserved move towards its previous highs

[kerryo]

Closed at 35.5c yesterday, a 34% gain since my last post 4 months ago.

[showstring]

it may be getting a bit "ahead of itself" again, but we'll see

apparently it has garnered interest of a small cap insto fund (rumor), which would correlate with consistent buying over the past month...

company continues to deliver on its promises, and it's a significantly 'disruptive' tech to warrant the speculative interest

it's not uncommon for companies to get $500m+ valuations based on 'potential' without any revenues, and this company has all the potential alongside actual client deals and deployments...

so yeah, could carry on climbing despite very little revenues at this early stage of the company

gluck if you take a punt, I'm freecarried from the volatility last year so just happy to watch the price rise

[Baa_Baa]

Also a technical breakout yesterday, should have the TA traders attention

[moka]

BrainChip which was founded in 2013 and went public via a backdoor listing in 2015 has just raised another $21.5m at 18c per share. It raised $6m in a private placement at 15c per share earlier in May this year. And for the first time the word profitability has been mentioned.

Louis DiNardo was appointed CEO in September 2016. He has a strong track record of growing publically listed and privately owned technology businesses, and has worked in venture capital firms where he has successfully backed a number of emerging technology companies.

http://www.afr.com/technology/ai-sof...0171027-gz9qq1

ASX-listed artificial intelligence software and hardware company BrainChip has raised $21.5 million from investors to fund the development of its "general purpose neural processing unit", which it says has been designed to mimic the function of the human brain.
BrainChip, which has been in a trading halt but last closed at 24.5¢, will also use the capital injection to fund a sales and marketing push, targeting equipment manufacturers and other potential partners.
Mr DiNardo said it would also free him up to be more client-facing and enable the business to aim for profitability in later 2018.

http://www.proactiveinvestors.com.au/companies/news/186453/brainchip-holdings-attracts-215m-for-artificial-intelligence-technology-186453.html