BRN 0.00% 21.0¢ brainchip holdings ltd

In the BrainChipVerse NDA seems to stand for Never Disclose...

  1. 247 Posts.
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    In the BrainChipVerse NDA seems to stand for Never Disclose Anything.

    It's illuminating to look at LDN's time at Quantum, from memory he was parachuted in by one activist investor around 2012 when the SP was many times what it is today and eased out by another (along with most or all the rest of the board) in 2016 after a long period of SP decline, then subsequenly "lured out of retirement" by BRN. Indeed Quantum was forced to undergo an 8 for 1 reverse stock split to keep it's SP above the minimum for a listing but still subsequently booted of the NYSE (for er unconventional accounting practices in the period 2015-2017) and the effective SP still languishes at some dismal fraction of what it was in 2011/12. There are some uncomfortable parallels with BRN here, though how much, if any of this, was actually LDN's reponsibilty is anyone's guess.
 
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