Hi Green56FJ , I’m not 100% sold on your theory being “ the cost of needing to sell at this point in time “ , $420,000 is a lot of money in anyone’s language . My rationale that Peter has taken a hit on behalf of all shareholders may be supported looking at the below information . The first slide clearly identifies that LDA invest in growth and expansion opportunities . In the second slide we have a quote from Anthony Romano from LDA stating that they see Brainchip as a valuable asset in their portfolio . The third slide is an extract from an email conversation between Ken Scarince and myself , you will note that Ken indicated that Brainchip may negotiate an extension to the original agreement date , note at the time of this email an extension was not plan A , but have things changed ?
Did LDA plan to keep within their growth portfolio the 9.2 million dollar , minimum remaining commitment ?
Did Brainchip approach LDA for an extension due to the low share price , to reduce dilution on behalf of all shareholders ?
Did LDA hesitate at the extension idea , why would they want to pay a premium for shares intended for their own portfolio ?
Has Peter solved the problem at his own expense , by providing LDA a similar value deal to satisfy the planned portfolio ?
Also note , that I also believe when Brainchip goes back to the LDA well to provide funding for commercialisation activities , that they are going to execute a new deal to the higher side of available funding , so a higher share price is important for all shareholders due to dilution .
At this stage , it is all guesswork , but I believe Peter has done what is best for his company , LDA and shareholders .
All in my opinion ......
- Forums
- ASX - By Stock
- BRN
- Ann: Change of Director's Interest Notice - Van Der Made
Ann: Change of Director's Interest Notice - Van Der Made, page-230
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRN (ASX) to my watchlist
|
|||||
Last
19.5¢ |
Change
0.005(2.63%) |
Mkt cap ! $361.9M |
Open | High | Low | Value | Volume |
19.5¢ | 20.0¢ | 19.0¢ | $661.1K | 3.388M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 516291 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 1158060 | 31 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 516291 | 0.195 |
86 | 2536976 | 0.190 |
40 | 2085642 | 0.185 |
58 | 1661242 | 0.180 |
21 | 425405 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 1158060 | 31 |
0.205 | 1015791 | 23 |
0.210 | 1064366 | 27 |
0.215 | 566597 | 22 |
0.220 | 677708 | 22 |
Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
Featured News
BRN (ASX) Chart |