"Originally posted by malmanuThese banks were backed by deposits...

"Originally posted by malmanuThese banks were backed by deposits involved in venturecapital and crypto , hardly stable in a increasing interest rateenvironment. Surprisingly they survived so long. Who isfunding BRN ??. "


Ok, well if you don't know the answer to your own question then you maybe need to start your reading in any other BRN forum than Charts. Maybe start in ANNS where you'll note in January an ann about a capital call notice to LDA Capital that we are currently in the process of pricing in relation to some 30m shares.

TLDR? Its my understanding, in the absence of an ANN otherwise, that BRN has zero exposure to SVB, we're funded via LDA Capital.

To be fair, I had to check this myself because I couldn't work out why there was such a steep decline in the sp today as a delayed reaction, so I did wonder if we had exposure I wasn't aware of, but it turns out that it was nothing more than an across the board ASX panic sell.

Which is a great opportunity, of course, but one that I sadly can't take advantage of because I have put my money where my mouth is and bet the farm on BRN and WBT already in the last few months, and especially during the last few legs in the drops down to 50. And I'm ok with this because hindsight is 20/20 but sometimes you've just gotta back yourself and go out on a limb - because thats where all the fruit is.