without talking about Trump times SP 500 drop and other things, let us di sect brainchip position subject to a US company.
1. Out of 25 million annual losses we are bearing, more than 80% is spent on US workers or US services. We are employing more than 50 US personnels who pay a hefty tax to US while we share holders are bearing that burden.
2. The confidence in present management is visible in 2 strikes and annual 40% commutative stock price decrease for last 4 years
3. Australia and US are still on good terms and a lot of Australian companies work in US and have no problem working through that.
4. Our management is so caring that they tell us sp will do what it have to do, on a question about shorter activity.
5. There could a cost in millions of dollars for redomicile.
6. We cannot approve redomicile just because of convience of management
so to get the deal through management have to get confidence of holders so that is where I am saying let us see what is the proposal and why it is important.
dyor
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Ann: BrainChip Evaluates Redomiciling to US, page-561
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20.5¢ |
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Mkt cap ! $415.2M |
Open | High | Low | Value | Volume |
20.5¢ | 20.5¢ | 20.0¢ | $1.772M | 8.682M |
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No. | Vol. | Price($) |
---|---|---|
90 | 4124462 | 20.0¢ |
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Price($) | Vol. | No. |
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20.5¢ | 1073114 | 20 |
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No. | Vol. | Price($) |
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62 | 959691 | 0.200 |
20 | 970993 | 0.195 |
35 | 609339 | 0.190 |
21 | 499787 | 0.185 |
31 | 519036 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 705763 | 15 |
0.210 | 748097 | 18 |
0.215 | 829785 | 21 |
0.220 | 855846 | 26 |
0.225 | 1074415 | 19 |
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