"Cash used for operating activities includes payments to BrainChip's Board of Directors totaling US$441,457 as noted in item 6.1 of the accompanying Appendix 4C, comprising fees for Non-Executive Directors and salaries and bonuses for Executive Directors."US$441,457 = A$686,500 for 90 days work for the board and execs.
Remember when the IR guy told everyone to be patient and was quoting Warren Buffett? What year was that, 2022?
If you ignore the fluff and read the financials it is very clear who BRN is enriching, and it isn't shareholders.
This company is a classic case of one-way wealth-distribution.
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Last
21.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $435.4M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.0¢ | $1.041M | 4.863M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 5101638 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 274006 | 6 |
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| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| BRN (ASX) Chart |