BRN 5.56% 17.0¢ brainchip holdings ltd

Ann: Private Placement Completed Oversubscribed-BRN.AX, page-90

  1. 1,732 Posts.
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    Whilst I can empathize with some posters here who think This CR was at too much of a discount to market, it is perhaps worth a thought considering the last CR - which was in the end under subscribed and dragged on for ages.

    My sense of it is, Louis has said to the board we need more money to get this thing moving NOW, and in a professional manner, this CR could perhaps have been done at less of a discount (and I would have been happy for some more @ 18c), but it has been nice & quick - it is over and done with. BRN has the $$$ in the bank. Really don't think we will see 18c (IMO) again - could be wrong but don't think so.

    Unless some compelling new AI tech comes along this is the best story in town at the moment.

    Now it is time to get on with creating/delivering some of the potential that is inherent here, or that many of us believe to be, what an exciting punt, and as some have already said here today - there is news coming.
 
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