Steve10
Regular
Not from what I have been told...I personally think that the whole situation with LDA Capital is extremely messy, and at some stage I do
hope that the CEO will explain why the Board called it so early into 2023.
I have seen a (sort of) explanation as to how this LDA put option is supposed to play out, but the floor price set by Brainchip has me thinking,
Today is the first time I have noticed the ASX send a company a please explain notice, because the share price has dropped. I personally find their behavior totally absurd.
May I also say that I think that having Peter put himself out there on Linkedin was great! asking followers to comment on what they would like him to comment on, such a brave move, and going by the two or so comments suggests to me at least, many are too afraid to ask him anything because of fear of possibly being laughed at or realizing they are exposing themselves to someone who has an IQ way above the average shareholder, me included, and fear being embarrassed.
I can assure you, 100%, our founder will never judge you.
The upcoming podcast is yet another positive move by the company, we all want to hear from Peter and Anil (in my opinion) and I'd be very happy to have both our "top guns" make themselves available for half-yearly "fire side chats" throughout the year/s.
All staff are important, they all contribute and continue to contribute daily, but having our two key guys talking about our company in an honest relaxed manner is extremely uplifting for all shareholders, so every 6 months lets make it happen Brainchip, you're all appreciated.
Love Brainchip x
Tech![]()
SP was 73.5c on 9/1/2023 the day prior to LDA being issued 30M shares. On day of issue the SP went down 7.48% to 68c & volume increased by about 10M. Overall market was flattish on day of issue of shares.
SP had run up to 88c intraday on 5/1/2022 filling the big down gap between 78-85c that was acting as resistance. Was having a little breather & appeared was going to break above 100sma & 200sma but failed possibly due to LDA selling on market.
They were holding about 10M shares prior to being issued 30M = 40M & had 26M end of January so they must have sold 14M shares from 10/1/2023 until 31/1/2023 & SP was 63c by end of January.
Needed to let SP run a few more weeks to get over 200sma & then the shares should have been issued to LDA. Possibly would have got $1 per share in leau of 51-73.5c & less dilution.