Hi Iseki
If you read the agreement it creates a situation where LDA Capital do not own the shares and can only dispose of one fifteenth of those shares each day and the whole deal has to be concluded in 15 days plus two to pay the proceeds and return any unsold shares. Your idea that they could be used for shorting makes no sense.
Peter van der Made’s ability to resist a takeover was always dependent on the support of others to reach 25% the number needed to block. If you look at the top 20 holders he has this number in spades with Anil Mankar, Robert Mitro, Adam Osseiran and outside the top 20 he has other supporters like Simon Thorpe, Tech Laden, Deena, Fact Finder who more than replace the percentage he has sold and then some.
LDA Capital are already engaged commercially with Brainchip and as such are well known to Brainchip shareholders. They have a website which you can explore.
My opinion only DYOR
FF
AKIDA BALLISTA
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