BRN Discussion Ongoing

[MegaportX]

What will the capital be used for?
What will the issued shares be used for ?
LDA capital arrangement stalled by the short fella.
Thinking thinking thinking.
Waiting.
Just give it to us Sean.

 

[Dijon101]

I think it could be a very good news which would skyrocket the shareprice… but could be also a bad news and we could see the 10cent again…. Time will tell .. no financial advice

Obviously not financial advice, as it would be the worst financial advice in the history of financial advice...

(Unless some told you to buy AVZ)

 

[7für7]

Obviously not financial advice, as it would be the worst financial advice in the history of financial advice...

(Unless some told you to buy AVZ)

It was again obvious not meant serious….more sarcastic …But ok

 

[RobjHunt]

I think it could be a very good news which would skyrocket the shareprice… but could be also a bad news and we could see the 10cent again…. Time will tell .. no financial advice

My Dad would say that you can wish in one hand and crap in the other, and see which gets fullest first

Pantene Peeps

 

[DingoBorat]

What will the capital be used for?
What will the issued shares be used for ?
LDA capital arrangement stalled by the short fella.
Thinking thinking thinking.
Waiting.
Just give it to us Sean.

And not the usual way thanks..

 

[Bravo]

 

[MDhere]

I just got an email from commsec and to scared to look lol

my inbox is empty ?

 

[7für7]

I personally expect an announcement in the next view minutes… could be wrong… time will tell

 

[skutza]

I wonder if we apply for suspension, it gets worded like. We request a suspension in trading due to continuing CR in relation to an acquisition?

 

[Tezza]

Extension looking likely

 

[FJ-215]

They could at least put out the quarterly and give us something to read.

 

[buena suerte :-)]

Announcement can be at any time today up until 7pm! EST

 

[7für7]

Someone overslept maybe

 

[Bravo]

I wonder if I can send Tony a claim for PTSD?

 

[Shadow59]

I thought without an annoncement they had to open trade this morning.

'Duration of the trading halt – BRN expects the trading halt will be in place until the earlier of the time at which BRN makes an announcement in relation to a capital raise, or the commencement of trading on Thursday, 25 July 2024. '

 

[ndefries]

Pursuant to ASX Listing Rule 17.1, BrainChip Holdings Ltd (BRN, ASX: BRN) requests the immediate implementation of a trading halt in its securities, being fully paid ordinary shares, to apply from the time of receipt of this request by ASX and until the earlier of the Company making an announcement relating to a capital raise, or the commencement of trading on Thursday, 25 July 2024.

the halt has expired - so strange

 

[NickBRN]

is it unusual that Anil, out of the blue, retired two weeks prior to this trading halt / CR?
As others have said, perhaps he was completely comfortable that a cornerstone investor was coming on board and he can retire comfortably?

 

[MadMayHam | 合氣道]

Pursuant to ASX Listing Rule 17.1, BrainChip Holdings Ltd (BRN, ASX: BRN) requests the immediate implementation of a trading halt in its securities, being fully paid ordinary shares, to apply from the time of receipt of this request by ASX and until the earlier of the Company making an announcement relating to a capital raise, or the commencement of trading on Thursday, 25 July 2024.

the halt has expired - so strange

Surely it can't be another typo?

Very cleverly, typos are Brainchip's checksum. If an announcement didn't contain one, it's fake news!

 

[TheUnfairAdvantage]

Have to say. I’m loving this trading halt. No movement in share price on a negative day in the market is a positive for me

 

[manny100]

The delay indicates its obviously NOT a run of the mill working capital raise. These are simple. BRN could have just made a 5 minute call and filled out a form to get working capital from LDA.
Has to be more to it. Likely positive i hope.
Wait and see.