BRN 2.22% 22.0¢ brainchip holdings ltd

Thanks, I understand how it all works. My point is simply that...

  1. 4,921 Posts.
    lightbulb Created with Sketch. 4984
    Thanks, I understand how it all works. My point is simply that you keep saying "we don't know their payment terms" yet the company makes it pretty clear they are "generally 30-90 days" per my excerpts from their various reports. So on that basis it seems odd that there was US$2.5M in receivables as at 30/6, as of 30/9 it still hadn't turned up, so I'm waiting to see if it finally appears by 31/12. If not, why not? Why such a large figure sitting outside 180 days, and with the company not making any provision for bad debts?

    I personally therefore expect the December quarter, due shortly, to show at least US$2.5M in receipts from customers, otherwise it's a proper fizzer and in my opinion, something may not be quite right with the Megachips deal (because they're not paying). It's really quite simple and I'll end the conversation there. Cheers
 
watchlist Created with Sketch. Add BRN (ASX) to my watchlist
(20min delay)
Last
22.0¢
Change
-0.005(2.22%)
Mkt cap ! $408.3M
Open High Low Value Volume
22.5¢ 22.5¢ 21.8¢ $1.107M 5.019M

Buyers (Bids)

No. Vol. Price($)
6 110458 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 355185 24
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
BRN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.