BRN 2.33% 21.0¢ brainchip holdings ltd

Ann: Capital Call Notice under agreement with LDA Capital, page-109

  1. 321 Posts.
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    so, have you checked the report end year 2021. Once you do, then check on the cashflow after that. You should see that those reported in end year 2021 did not get realised as cash receipts in the following quarter. The note was there to indicate generally in terms of 30-90 days for trade receivables. It does not necessarily mean that it will due in 30-90 days. It could but it may not. I wouldn’t go any beyond to explain anymore. We shall see the next report. If it gets into cash receipts, voila. If not, then trade receivables are not all realised yet. Payment terms can change beyond 90 days depending on mutual agreement. It is generally 30-90 days for trade receivables. Dyor

    What I would like to see is the improvement of revenue and by how much and of course new deals would serve shareholders in better position. Dyor.
 
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