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4.26%

24.5¢ brainchip holdings ltd

Ann: Trading Halt, page-154

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Boomorbust

3,697 Posts.

11/05/15

12:24

Post #: 15254490
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Originally posted by qqqqqqqqq ↑

Wow there really is a deafening silence in here from the anti ramping party hey?
I can actually hear myself thinking!

The trading halt clearly says ''pending the release of an announcement in relation
to the proposed BrainChip transaction.''

Transaction Details

Aziana has an exclusive option to acquire BrainChip by paying BrainChip a fully refundable option fee of $400,000.

Should it exercise the option, the company will pay the vendors 303,600,000 AZK shares as well as performance shares comprising:

- 49,500,000 A Class Performance Shares;
- 49,500,000 B Class Performance Shares;
- 49,500,000 C Class Performance Shares; and
- 49,500,000 D Class Performance Shares.

These convert into ordinary shares on a one for one basis if certain milestones are achieved within 5 years of settlement.

Aziana has also agreed, subject to the exercise of the option, to provide an unsecured loan to BrainChip of up to $250,000 for the purpose of expenditure on the development program in respect of its AI product.

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Are you admitting to being part of the down ramping party q?

I was just beginning to warm to you

JK

BRN Price at posting: 22.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 24.5¢		Change 0.010(4.26%)		Mkt cap ! $480.8M

Open	High	Low	Value	Volume
23.5¢	25.5¢	22.5¢	$3.327M	13.87M

Buyers (Bids)

No.	Vol.	Price($)
16	433639	24.0¢

Sellers (Offers)

Price($)	Vol.	No.
24.5¢	98310	1

View Market Depth

No.	Vol.	Price($)
15	432839	0.240
12	638077	0.235
24	986670	0.230
41	1386409	0.225
61	993374	0.220

Price($)	Vol.	No.
0.245	98310	1
0.250	339207	8
0.255	758889	17
0.260	463585	16
0.265	417854	16

Last trade - 16.10pm 21/10/2024 (20 minute delay)

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