BRN 8.82% 18.5¢ brainchip holdings ltd

Ann: Appendix 4C and Activities Report, page-219

  1. 785 Posts.
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    Hang on, surely the milestone payment of US$2.25M is a one-off to Socionext. AND
    The reason that TSCM took the order is that it is from Socionext, a huge company that can not be refused. AND
    The brilliance of this set up is that BRN do not have to put their head in the noose for 20% deposit of $10Mill as Socionext will do this from their petty cash.
 
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