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23.5¢ brainchip holdings ltd

Ann: Trading Halt, page-188

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Mdiddy

1,779 Posts.

581

23/07/24

20:41

Post #: 74881446
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Originally posted by Kachoo: ↑

That 12 millionnwas not accounted for innthe 13 million in the report. Opp CR started end of March so we would not see that in the account.

I suspect we will close this quarter with 20 ish million in the bank USD. That accounts for the 4 million burn. So we would still be funded for 4 to 5 quarters if we signed a few IP deals in the next 12 months. That said nobody drains the account to Zero before the CR.

That 50 million increase in LDA may have been due to a contractual requirement. But if they got someone onboard with skin in the game its an easier deal to raise that capital.

Lots of times to win a tender or have final approval you need to provide financial security and if they have 50 million 40 millionnwhat ever that will prove it and they would then sign off onnthe deal.

IMO this is likely the outcome.

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I think the issue is that LDA have not excercised the 12 million… due to a declining share price and lack of liquidity… they have been left “holding the bag” so to speak

BRN Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 23.5¢		Change -0.020(7.84%)		Mkt cap ! $451.3M

Open	High	Low	Value	Volume
25.5¢	26.5¢	22.0¢	$3.626M	15.02M

Buyers (Bids)

No.	Vol.	Price($)
39	679981	23.0¢

Sellers (Offers)

Price($)	Vol.	No.
23.5¢	401975	31

View Market Depth

No.	Vol.	Price($)
40	701720	0.230
30	1360201	0.225
55	1854279	0.220
19	693610	0.215
20	566306	0.210

Price($)	Vol.	No.
0.235	401975	31
0.240	459210	20
0.245	589340	15
0.250	514864	14
0.255	434748	10

Last trade - 14.46pm 03/10/2024 (20 minute delay)

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