Hi Doz,
1) Did LDA plan to keep within their growth portfolio the 9.2 million dollar , minimum remaining commitment ?
Unlikely, LDA were given 75M options as part of the POA, they converted and sold them all.
2) Did Brainchip approach LDA for an extension due to the low share price , to reduce dilution on behalf of all shareholders ?
BRN only need around $5M to complete the POA so maybe 10-12 million shares. Not much dilution there.
3) Did LDA hesitate at the extension idea , why would they want to pay a premium for shares intended for their own portfolio ?
See above
Has Peter solved the problem at his own expense , by providing LDA a similar value deal to satisfy the planned portfolio ?
Would make much more sense for the company to just honour their agreement with LDA
Hi Doz,1) Did LDA plan to keep within their growth portfolio the...
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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 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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