For those of you who have doubts, please read below an ASX announcement on the 26/1020:
The Company and LDA Capital have agreed to an amendment of the POA which confirms that BrainChip has fulfilled its obligation under the original agreement and that LDA Capital wishes to remain engaged with the Company for future financial requirements. LDA Capital has chosen to increase available funding to AU$45 million and the Company has agreed to increase its obligation under the agreement to AU$20 million of which AU$11 million has been received by the Company.
BrainChip CEO Louis DiNardo commented, “We are pleased with the LDA Capital relationship and look forward to their continued support of BrainChip. Having the capital capacity in place, if and when the Company needs it, is reassuring as we move to commercialization of the AkidaTM technology and our groundbreaking entrance into the large and growing AI Edge market.”
Now, why would LDA Capital throw money at BRN if they were not confident in the companies ability to deliver.
Just saying.
Chart, page-4118
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Last
23.0¢ |
Change
-0.015(6.12%) |
Mkt cap ! $451.3M |
Open | High | Low | Value | Volume |
25.0¢ | 26.0¢ | 22.8¢ | $4.032M | 16.67M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 1116797 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 395033 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 1091797 | 0.230 |
40 | 1919470 | 0.225 |
56 | 1965989 | 0.220 |
22 | 872607 | 0.215 |
33 | 1020149 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 373033 | 9 |
0.240 | 988371 | 11 |
0.245 | 323459 | 7 |
0.250 | 883141 | 17 |
0.255 | 1624218 | 16 |
Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
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