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23.0¢ brainchip holdings ltd

Ann: Trading Halt, page-104

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SB182

1,281 Posts.

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23/07/24

13:51

Post #: 74873810
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Originally posted by McHale: ↑

At some point today we might get to hear some in depth thought about what this CR is about.

Right now BRN have enough cash (US$31m end of March) to get through an absolute minimum of 18 months (next 6 Qtrs or more) at average recent Qtrly burn rate, and they still have the LDA facility open to use until 2026.

So my thinking is that, there is obviously something more behind this CR, we find out later this week, having said that, it was to be expected there would be more than a little reactive commentary about this matter.

Regardless I am no fan of dilution, and of course I would like to see/hear news of contracts or money, but one day at a time, and I still think that BRN are better placed than any previous time to succeed.

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Sorry @McHale, I do respect your posts that you write on here, But please I
can only see roughly $13 million

BRN Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 23.0¢		Change -0.025(9.80%)		Mkt cap ! $451.3M

Open	High	Low	Value	Volume
25.5¢	26.5¢	22.0¢	$3.918M	16.28M

Buyers (Bids)

No.	Vol.	Price($)
30	658476	23.0¢

Sellers (Offers)

Price($)	Vol.	No.
23.5¢	112520	8

View Market Depth

No.	Vol.	Price($)
29	655976	0.230
23	1327565	0.225
45	1635250	0.220
13	496118	0.215
22	724067	0.210

Price($)	Vol.	No.
0.235	112520	8
0.240	620597	14
0.245	537392	11
0.250	323570	10
0.255	404748	9

Last trade - 16.10pm 03/10/2024 (20 minute delay)

BRN (ASX) Chart