BRN 0.00% 20.0¢ brainchip holdings ltd

Where did the 41 million shares come from?, page-9

  1. 5,071 Posts.
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    i just got home after a late night and like all was amazed to see the after hours trade, and the very large trades done not only the two 13mil plus value but many other of 50,000 plus, several half million and $1million dollars ...all after hours.. can't remember seeing this with any other company.
    the 13 million ones and other large ones could be explained by transfers - ie to one other superfund or family member. Would suggest CEO settling financial matter.

    i did find this ....about requirement to report such a transaction S3.. it was from old text so hopeful expect something about this on monday.
    "later than 15 minutes prior to the
    scheduled commencement of Open Session State on the next Trading Day (or on the
    same Trading Day, if the transaction is effected between midnight and the
    commencement of Open Session State on the Trading Day).
    and among other requirements
    “S1” or “S3” condition code – Reporting of facilitated specified size Block
    Special Crossings
    Where a Trading Participant effects a Block Special Crossing which meets the
    requirements in Procedure 4810 Part A paragraph 2(c), the Trading Participant must:
    1. Immediately advise Market Control via the Trading Platform of the following
    details:
    (a) the identity of the Trading Participant;
    (b) the Cash Market Product the subject of the trade;
    (c) the number of Cash Market Products;
    (d) the price of the trade; and
    Last edited by jwoody1000: 20/03/21
 
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