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23.5¢ brainchip holdings ltd

BRN raised capital in 2017 to sophs and instos, Foster...

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Stickshift

7,988 Posts.

2103

24/07/24

13:41

Post #: 74893888
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Originally posted by Kachoo: ↑

I'm just putting it out here cause there is an absolute incorrect narrative being played out with LDA for reasons.

In December 2023 BRN need to raise. Minimum year end the remainder share given to LDA was not enough so they added 10 million more shares sold that and met the required minimum cap raise.

They have a 12 million dollars to raise. Giving LDA 40 million shares of which as of April had only 24 million Left to sell based on the top 50 Holdings. Which was likely sold down. If they were short capital in the LDA investment style CR they would just issue more shares.

This is a different situation we never halted to give LDA more share and why would LDA walk away from free money.

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BRN raised capital in 2017 to sophs and instos, Foster Stockbroking was the manager:

Private Placement Raises A$6M

Last edited by Stickshift: 24/07/24

BRN Price at posting: 20.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 23.5¢		Change -0.010(4.08%)		Mkt cap ! $463.5M

Open	High	Low	Value	Volume
24.0¢	24.5¢	23.5¢	$635.7K	2.666M

Buyers (Bids)

No.	Vol.	Price($)
16	719235	23.5¢

Sellers (Offers)

Price($)	Vol.	No.
24.5¢	673103	22

View Market Depth

No.	Vol.	Price($)
16	719235	0.235
28	1069037	0.230
24	1415528	0.225
38	1704714	0.220
36	1266774	0.215

Price($)	Vol.	No.
0.245	673103	22
0.250	615481	15
0.255	561376	16
0.260	959594	22
0.265	644273	15

Last trade - 16.10pm 05/11/2024 (20 minute delay)

BRN (ASX) Chart