BRN 2.33% 21.0¢ brainchip holdings ltd

Can you explain how this looks good?The "Capital Call" is...

  1. 4,403 Posts.
    lightbulb Created with Sketch. 283
    Can you explain how this looks good?

    The "Capital Call" is basically a "Put Option"

    So BRN just let LDA buy $30 million in puts on their own company?

    BRN and LDA both seem to want the same objective - for the BRN price to tank tremendously so these put options print?
 
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