BRN brainchip holdings ltd

0.00%

20.0¢

Ann: BrainChip Evaluates Redomiciling to US, page-371

First 371 Last

Share
Profile

Follow
StockHound81

919 Posts.

412

02/03/25

15:15

Post #: 78098568
Share

Originally posted by Fact Finder: ↑

"The early buyout of LDA agreement amount of $371,000 was omitted from the annual report - LJD"

I had hoped you would calm yourself and realise that the amount of $371,000 was never going to appear in the just released Annual Report.
Apparently that not happened as you have returned to it again today to support an argument that the Board has lost your confidence and should be replaced.

So just as I helped you with your mistaken view regarding being able to access recently filed patents the reason you did not and will not find the $371,000 Australian dollars in this Annual Report is because it is reporting in American or US dollars.

If you go through the Annual Report you will find at least two or three mentions of amounts as 'Other losses' for US dollar amounts that could be this payment to LDA Capital but as I do not have the date used to calculate all the amounts from AU to US I cannot assist you further and would suggest that you make contact with the Company and ask them where it appears and how much it is in US dollars.

Knowing the exact US dollar amount however might not help you because it was a one off non recurring expense so it could also be lumped in with other amounts of a similar nature that do not need to be itemised. If this is the case and as you have lost all confidence in the Board you are unlikely then to believe that it is part of that greater amount.

What you also seem to have overlooked that unlike a local coffee shop or a wage and salary earner end of year financials Brainchip's accounts are audited and the auditors have provided a certificate to the effect that they are accurate and disclose the true position of the Company.

So even if you were correct in your assertion that the $AU371,000 had been left out the head that would need to roll is that of the Company's independent auditors. For even if the auditors are in error it would be a stretch to suggest that their simple mistake was such as to cause actual reasonable shareholders to lose all faith in the Board and call for their replacement.

After all the only reason you and I know about this expense exists is because the Board of Directors authorised its disclosure at the time to all shareholders so they have clearly acted with complete transparency.

My opinion only DYOR

Fact Finder

Expand

But didnt you previously post that Brainchip had reached its tipping point and was basically risk free

So why so bothered about annonymous posts on HC ? Doesn't add up Fluffy

my opinion dyor

BRN Price at posting: 21.0¢ Sentiment: Hold Disclosure: Held
11 Upvote

6 Great analysis

Reply

Top Stories

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

RMX

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

MVF

Monash IVF shares cater 25% – Disaster or deep-value play?

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

SRL

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

OCC

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

PAR

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

First 371 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 20.0¢		Change 0.000(0.00%)		Mkt cap ! $405.0M

Open	High	Low	Value	Volume
20.5¢	21.0¢	20.0¢	$1.544M	7.615M

Buyers (Bids)

No.	Vol.	Price($)
3	61852	20.0¢

Sellers (Offers)

Price($)	Vol.	No.
20.5¢	217258	9

View Market Depth

No.	Vol.	Price($)
2	32537	0.200
25	968327	0.195
38	1574473	0.190
40	1943108	0.185
65	1281316	0.180

Price($)	Vol.	No.
0.205	179258	6
0.210	1653584	26
0.215	846002	16
0.220	1267378	34
0.225	840448	18

Last trade - 16.20pm 27/06/2025 (20 minute delay)

BRN (ASX) Chart

Ann: BrainChip Evaluates Redomiciling to US, page-371

Australia’s gas crisis is here – and dying coal plants aren’t helping

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

Monash IVF shares cater 25% – Disaster or deep-value play?

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: BrainChip Evaluates Redomiciling to US, page-371

Top Stories

Australia’s gas crisis is here – and dying coal plants aren’t helping

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

Monash IVF shares cater 25% – Disaster or deep-value play?

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News