BRN 2.17% 23.5¢ brainchip holdings ltd

Ann: Private Placement Completed Oversubscribed-BRN.AX, page-14

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  1. 5,805 Posts.
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    Well of course it was oversubscribed. The share price was trading at 31c 2 weeks ago.

    It was so oversubscribed that they never considered doing it at 25c for less dilution.

    The companies name is Brainchip Ltd. It's a shame some of those directors didn't use their brains and do it at a more realistic price GIVEN it was so OVER SUBSCRIBED.
 
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