Australia's largest stock trading and investment forum Australia's #1 stock forum

BRN

Click for more information

0.00%

21.5¢ brainchip holdings ltd

They don't care about facts on here mate...........

First 11 Last

Share
Profile

Follow
Dozzaman1977

178 Posts.

204

25/06/23

12:23

Post #: 68457282
Share

Originally posted by stan9614: ↑

people who are still saying we have only three quarters of cash runway obvious are either honestly misinterputed the last 4c, or deliberately trying to spre
ad fear with misleading statement.

last quarter cash outflow was 6.1m, there were a few one off and yearly payments done, and normal quarterly operating cash outflow excluding these payments should be around $4m, We have 17.7+12.2=29.9m cash in hand after we completed lda capital call in April. That is 6-7 quarter cash runway!

i have asked Tony back in end of April regarding any plan for further capital raise. And the reply was as follow:

so yes, there will be another capital call by the end of this year for another $2.8m (minimum) since the 2023 total obligation is to raise $15m, and we have done $12.2m so far. I hope this post could set the record straight so that people do not get misled again. If you think a futher $2.8m capital call with LDA is going to be a disaster to the share price by the end of year, do what you have to do.

Expand

They don't care about facts on here mate...........

BRN Price at posting: 34.5¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

AHK

Ark Mines inks 1.5Bt Exploration Target for Sandy Mitchell REE play including NdPr; PFS due in Q4

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

SS1

Sun Silver to kick off drilling next week at 292Moz Maverick Springs silver-gold project

World Gold Council says market in want of catalyst; flags Asia sell-off risks. Then there's Trump

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

There are more pages in this discussion • 9 more messages in this thread...

First 11 Last

Add BRN (ASX) to my watchlist

(20min delay)
Last 21.5¢		Change 0.000(0.00%)		Mkt cap ! $399.0M

Open	High	Low	Value	Volume
21.5¢	22.0¢	21.0¢	$731.6K	3.408M

Buyers (Bids)

No.	Vol.	Price($)
34	664878	21.0¢

Sellers (Offers)

Price($)	Vol.	No.
21.5¢	271540	9

View Market Depth

No.	Vol.	Price($)
34	664878	0.210
26	790841	0.205
64	1910218	0.200
24	1169404	0.195
36	1276204	0.190

Price($)	Vol.	No.
0.215	271540	9
0.220	1012837	18
0.225	914492	17
0.230	914759	19
0.235	544452	19

Last trade - 16.10pm 03/07/2024 (20 minute delay)

BRN (ASX) Chart

SPONSORED BY