BRN 13.7% 29.0¢ brainchip holdings ltd

Ann: Appendix 4C and Quarterly Activities Report, page-86

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  1. 1,067 Posts.
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    Capital raise imminent again?

    Mate, did you read the quarterly? $30M of cash by next quarter.

    Spending & cash outflows SHOULD be increasing and the fact that it is, is a GOOD THING.

    $6.3M of the outflows, $980,000 was for salaries which is odd, but maybe they got bonus' because of what is to come that us shareholders don't know about..

    Plus, the fact that BRN has enough to carry it though another year at least, proves your statement has no research affiliated to it.

    Why would BRN capital raise? Don't try and scare people here without backing to your claims, there are people on this forum who might genuinely want to make a decision on their investments.
 
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