BRN 2.94% 16.5¢ brainchip holdings ltd

Ann: Capital Call Notice under agreement with LDA Capital, page-218

  1. 4,404 Posts.
    lightbulb Created with Sketch. 284
    you do know that this sentence reveals you have no idea how shorting works?

    "Has LDA exercised it options yet? I expect they would have sold out at a higher price."

    If LDA shorted $10,000 BRN stock at $1.00 and the price is now 0.01c, they make 100x their investment?

    That $10,000 basically becomes $1,000,000?
 
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