BRN Discussion Ongoing

[Fullmoonfever]

Good afternoon all

The longer this trading halt plays out it would tend to indicate that some major negotiations are taking place, a simple, straightforward
Cap Raise wouldn't require this much time to work through, surely.

I hope that Antonio is front and centre in whatever negotiation's are taking place, it's obviously currently 8.40pm on the Pacific Coast, so
maybe the dinner with Elon is going along very nicely !!!!

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).

 

[FiveBucks]

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

 

[Space Cadet]

OK my stab in the dark. Something to do with Microchip. Releases PCI64 GX this month and HPSC (High Performance Space Computing) 1st Qtr next year. Good chance to be involved imo.

SC

 

[Guzzi62]

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

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.

 

[Yoda]

Love this man...truly an inspiration to many.... he's kind, disciplined, hardworking, a visionary, potentially a genius in the Neuroscientific
field, religious, has a quiet unassuming personality, a sense of humor, integrity of the highest order, good listener and most of all, a truly
genuine, decent human being who puts others before himself.

Well done Peter, I'm proud to say I know you.

Best wishes.....Chris (Tech)

My name is Yoda, not Peter, but thanks Tech, I know you were talking about me

 

[7für7]

Arm should also update the presentation

BrainChip

Ubiquitous, distributed AI.<br/>Close to the sensor.<br/>Inspired by the human brain. <br/>

www.arm.com

 

[Yoda]

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.

 

[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.