BRN 0.00% 19.5¢ brainchip holdings ltd

Great News for Shareholders, page-494

  1. 21,548 Posts.
    lightbulb Created with Sketch. 883
    wombinolatino , I fully understand your view point but the latest changes of a floor for the CR have well and truly embedded a figure of 10c in many investors minds

    Seriously why would someone want to invest now when the listing of brain chip is at least 5-6 weeks away at best and knowing full well that AZK still has not acquired BC?

    This back door listing allows the terms to be changed if required as a back door listing does not require an CR at 20c like a IPO

    What happens if the share price drops to 10c or below in the next few weeks ?

    Will the terms of the CR change again as I don't believe those who will be offered shares for the CR will be willing to pay the same as market price or even above the market price ?

    These are important questions imo

    DYOR and imo be cautious at any price above 10c
    Last edited by Merchant2000: 22/06/15
 
watchlist Created with Sketch. Add BRN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.