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20.0¢ brainchip holdings ltd

I think the issue is that LDA have not excercised the 12...

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Mdiddy

1,543 Posts.

485

23/07/24

20:41

Post #: 74881446
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Originally posted by Kachoo: ↑

That 12 millionnwas not accounted for innthe 13 million in the report. Opp CR started end of March so we would not see that in the account.

I suspect we will close this quarter with 20 ish million in the bank USD. That accounts for the 4 million burn. So we would still be funded for 4 to 5 quarters if we signed a few IP deals in the next 12 months. That said nobody drains the account to Zero before the CR.

That 50 million increase in LDA may have been due to a contractual requirement. But if they got someone onboard with skin in the game its an easier deal to raise that capital.

Lots of times to win a tender or have final approval you need to provide financial security and if they have 50 million 40 millionnwhat ever that will prove it and they would then sign off onnthe deal.

IMO this is likely the outcome.

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I think the issue is that LDA have not excercised the 12 million… due to a declining share price and lack of liquidity… they have been left “holding the bag” so to speak

BRN Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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Last 20.0¢		Change 0.000(0.00%)		Mkt cap ! $371.1M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	5000	22.5¢

Sellers (Offers)

Price($)	Vol.	No.
17.5¢	125000	1

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No.	Vol.	Price($)
1	5000	0.225
1	4545	0.220
1	7112	0.215
1	1	0.210
1	43	0.205

Price($)	Vol.	No.
0.175	125000	1
0.180	75000	1
0.190	5497	2
0.195	150000	3
0.200	241554	6

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