BRN 9.80% 23.0¢ brainchip holdings ltd

Ann: Trading Halt, page-224

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  1. 1,781 Posts.
    lightbulb Created with Sketch. 581
    perhaps you should re read the agreement.

    LDA are not allowed to sell under a certain share price price. They have limitations…

    the share price has been in decline since the last attempt to raise money via LDA and that has restricted them in selling l, leaving them holding over 24 million shares as per last quarterly…

    if they can’t sell instantly due to low liquidity in the market then they lose significantly. Or have to hold until the share price returns to a level they can sell into again. Given they have 24 million shares already that they can’t sell they might have suspended further financing until they can offload those shares.
 
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Last
23.0¢
Change
-0.025(9.80%)
Mkt cap ! $451.3M
Open High Low Value Volume
25.5¢ 26.5¢ 22.0¢ $3.918M 16.28M

Buyers (Bids)

No. Vol. Price($)
30 658476 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 112520 8
View Market Depth
Last trade - 16.10pm 03/10/2024 (20 minute delay) ?
BRN (ASX) Chart
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