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25.5¢ brainchip holdings ltd

Sorry @McHale, I do respect your posts that you write on here,...

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SB182

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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 25.5¢		Change 0.020(8.51%)		Mkt cap ! $500.4M

Open	High	Low	Value	Volume
22.5¢	27.5¢	22.0¢	$8.399M	33.52M

Buyers (Bids)

No.	Vol.	Price($)
6	338805	25.5¢

Sellers (Offers)

Price($)	Vol.	No.
26.0¢	10000	1

View Market Depth

No.	Vol.	Price($)
6	338805	0.255
15	429045	0.250
13	731308	0.245
9	88244	0.240
6	93087	0.235

Price($)	Vol.	No.
0.260	10000	1
0.265	231580	5
0.270	636408	10
0.275	501185	11
0.280	1156121	31

Last trade - 16.10pm 02/10/2024 (20 minute delay)

BRN (ASX) Chart