BRN 9.30% 19.5¢ brainchip holdings ltd

Re-do your maths.$6000 invested at 40c....equates to 15000...

  1. 462 Posts.
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    Re-do your maths.

    $6000 invested at 40c....equates to 15000 shares.....sold at $1.80....equates to $27K (pre-CGT).

    However, that is nowhere near enough for a house deposit in Australia, unless needing LMI....of which LMI would equate to about $15K and eat into all her BRN profits.

    Profit is a great story. House deposit story is a shambles.
 
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