Excellent news.
1. Means I can put anyone that says Capital Raise on ignore immediately for the next two years.
2. Means we won't be issuing shares at depressed price pre-end of this month.
3. Locks in funding stream, as required, over the next couple of years to allow sensible management of operations and expansion of workforce as required.
4. May provide capital to lock-in a CEO when Peter and Board determine it's a goer.
5. Could provide $ for a larger production run of chips.
I could keep going but that's enough. Good move.
Akida ballista
Ann: Second Amendment to Financial Instrument, page-19
-
- There are more pages in this discussion • 82 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BRN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $343.4M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 18.5¢ | 16.5¢ | $1.865M | 10.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 1001708 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 167790 | 3 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| BRN (ASX) Chart |