BRN 2.63% 19.5¢ brainchip holdings ltd

wombinolatino , I fully understand your view point but the...

  1. 20,826 Posts.
    lightbulb Created with Sketch. 873
    wombinolatino , I fully understand your view point but the latest changes of a floor for the CR have well and truly embedded a figure of 10c in many investors minds

    Seriously why would someone want to invest now when the listing of brain chip is at least 5-6 weeks away at best and knowing full well that AZK still has not acquired BC?

    This back door listing allows the terms to be changed if required as a back door listing does not require an CR at 20c like a IPO

    What happens if the share price drops to 10c or below in the next few weeks ?

    Will the terms of the CR change again as I don't believe those who will be offered shares for the CR will be willing to pay the same as market price or even above the market price ?

    These are important questions imo

    DYOR and imo be cautious at any price above 10c
    Last edited by Merchant2000: 22/06/15
 
watchlist Created with Sketch. Add BRN (ASX) to my watchlist
(20min delay)
Last
19.5¢
Change
0.005(2.63%)
Mkt cap ! $361.9M
Open High Low Value Volume
19.5¢ 20.0¢ 19.0¢ $661.1K 3.388M

Buyers (Bids)

No. Vol. Price($)
14 516291 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 1158060 31
View Market Depth
Last trade - 16.10pm 17/07/2024 (20 minute delay) ?
BRN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.