BRN Discussion Ongoing

[7für7]

On a considerably more optimistic note, is it possible that they have reached an agreement in principle with a customer and are in the process of putting it into a formal agreement? Hence the trading halt so as not to breach the continuous disclosure rules? Let's hope so! We really deserve some good news after years of waiting faithfully.

Agree with you, I do. Optimistic note, this is. Reached an agreement, they might have. Formalizing it now, they could be. Trading halt, for disclosure rules it is. Good news, we deserve, after years of waiting.


A test of patience, it is. A trial of the dark side, indeed. Remain hopeful, we must

 

[IloveLamp]

 

[Tezza]

Agree with you, I do. Optimistic note, this is. Reached an agreement, they might have. Formalizing it now, they could be. Trading halt, for disclosure rules it is. Good news, we deserve, after years of waiting.


A test of patience, it is. A trial of the dark side, indeed. Remain hopeful, we must

Love the optimism but isn't it a CR trading halt

 

[Yoda]

Love the optimism but isn't it a CR trading halt

Darn!

 

[FiveBucks]

Really! And what will happen if we get suspended?

No sorry, I don't buy that one.

But it's very intriguing what's going on, that's for sure.

I really hope it's something positive and the chances are that it is, 75/25 IMHO.

Suspension is not really a big deal. Just means the deal might take longer than the two days that we are in a halt. Once the deal is done, we ick a few boxes and are reinstated. Multiple suspensions within certain time frames is an issue but a one off is fine.

I'm hopeful it's positive too. If it is a cornerstone investor, it might take longer than the two days. That's all. Nothing untoward in my comment.

 

[FiveBucks]

Love the optimism but isn't it a CR trading halt

Haha yes. either way, our share holding will be diluted. Best case scenario is that it is a cornerstone investor that sees value in us. ARM, Tesla, DELL etc etc. The optimism that would bring will help offset the dilution. Worst case, it is a shitty credit raise and our share price will likely take a hit accordingly.

 

[7für7]

Love the optimism but isn't it a CR trading halt

a trial of the dark side it is I said young padavan

 

[Bravo]

Haha yes. either way, our share holding will be diluted. Best case scenario is that it is a cornerstone investor that sees value in us. ARM, Tesla, DELL etc etc. The optimism that would bring will help offset the dilution. Worst case, it is a shitty credit raise and our share price will likely take a hit accordingly.

If it is just a shitty cap raise...

 

[7für7]

If it is just a shitty cap raise...


View attachment 66968

Don’t listen to people who have only five bugs in the pocket… I for example, in my bed, if I can not sleep , I count my money 1 million ….2 million 3 million etc. instead of sheeps

 

[miaeffect]

Don’t listen to people who have only five bugs in the pocket… I for example, in my bed, if I can not sleep , I count my money 1 million ….2 million 3 million etc. instead of sheeps

 

[Fullmoonfever]

OMG! I REALLY hope you're right Hoppy! Once I get this guy to vacate, I'll give the tub a nice deep clean and pop the taps on full blast!!!!


View attachment 66965

I just want an Announcement that makes my hot tub like....

 

[DK6161]

Ambiguous announcement pending.
NDA etc. etc.

Sean at home reading this forum...

 

[robsmark]

I have a feeling it is going to go past Thursday and we might be suspended tomorrow.

The company can request a second (and final) TH relating to this Cap Raise, taking us through to Monday. I see this scenario as being likely.

Brainchip have being regimented historically in adhering to the ASX requirements, Id be very surprised if they lapsed now by going into suspension.

 

[Jacob Kiraz]

Suspension is not really a big deal. Just means the deal might take longer than the two days that we are in a halt. Once the deal is done, we ick a few boxes and are reinstated. Multiple suspensions within certain time frames is an issue but a one off is fine.

I'm hopeful it's positive too. If it is a cornerstone investor, it might take longer than the two days. That's all. Nothing untoward in my comment.

Did we have this stoppage with Reneas and Megachips

 

[hotty4040]

Agree with you, I do. Optimistic note, this is. Reached an agreement, they might have. Formalizing it now, they could be. Trading halt, for disclosure rules it is. Good news, we deserve, after years of waiting.


A test of patience, it is. A trial of the dark side, indeed. Remain hopeful, we must

You must be on Valium 7fur7: ?? Have you got any spare ones left for me any time soon TIA

A B

hotty...

 

[7für7]

You must be on Valium 7fur7: ?? Have you got any spare ones left for me any time soon TIA

A B

hotty...

No sorry today I was the whole day outside on fresh air.. I guess it’s the fresh air which kicked 🫨

 

[TopCat]

The company can request a second (and final) TH relating to this Cap Raise, taking us through to Monday. I see this scenario as being likely.

View attachment 66971
Brainchip have being regimented historically in adhering to the ASX requirements, Id be very surprised if they lapsed now by going into suspension.

Moschip have been having a big announcement countdown on LinkedIn….Monday is the day of the announcement!

 

[Pom down under]

Hope I can sleep tonight

 

[DingoBorat]

Would agree @TECH

Something a little diff.

I looked back at the original LDA Ann and we didn't go into a TH then. Just the Financing Ann released, simple.

Cause they want an orderly mkt, as does the ASX as per their guidelines, it suggests to me the TH is in place should any 1000 eyes sniff something out somewhere or some broker slips out some info somewhere to a client and out it gets.

Seen that previously, where sometimes broker clients etc get some tidbits and it gets out there.

Being in TH cancels out any buy / sell on whispers and a disorderly mkt.

That and if this is something out of left field / unexpected then BRN would need a TH to ensure no info got out either from the other party(ies).

I don't think this has anything to do with brokers or so called sophisticated "my arse" investors, as somebody would have heard something (at the crapper at least)..

The details of this CR, will be very telling, as to where we are at.

Either way, we get more cash for Time to success.

But it will be a bit of an indication, of "how much" Time we need.

Anything involving a "discount" to the current "market" price and we'd better stretch our legs and get more comfortable in our seats.

 

[wilzy123]

Ambiguous announcement pending.
NDA etc. etc.

Sean at home reading this forum...