BRN 3.66% 19.8¢ brainchip holdings ltd

Ann: Second Amendment to Financial Instrument, page-8

  1. 9,609 Posts.
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    Deferrals of draw downs until February next year and December next year.

    Only one reason why you defer your access to capital - because you don't need it.

    i.e. it would seem to be there is no short term indication of customers wanting chips, and therefore no capital needed to support production.

    The long drought continues.

 
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