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23.0¢ brainchip holdings ltd

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

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Stickshift

7,897 Posts.

2077

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 23.0¢		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