Frangipani
Regular
I suspect the name of the expert responsible for said Edge Impulse expert project might help to explain Alf Kuchenbuch’s unlikely like:
https://thestockexchange.com.au/threads/brn-discussion-ongoing.1/post-408960
I personally did not mean nationality. The text clearly states 'Register address Australia or New Zealand.' So if I, coming from Germany, say 'I thought the offer was only for New Zealanders and Australians,' it should be clear what I mean. That’s why I wondered. By the way.. my bank still didn’t send me an offer. Thank god, I could buy cheaper by the free market!Catching up on some older posts…
The way I understand it:
Shareholders will NOT be eligible to participate in the SPP, unless they have a registered address in either Australia or New Zealand.
(It is not about nationality, though.)
You need to read your bank’s notification carefully!
This is what Consorsbank sent me - they explicitly note that it is your own duty to check in advance whether or not you are eligible to participate in the SPP, as they won’t do it (“Wir werden dahingehend keine Überprüfung vornehmen.”) and thus can’t be held liable.
They will, however, block the amount of money equivalent to your share purchase, once you have submitted your application form, so this sum won’t be at your disposal until BrainChip will have notified your bank that they won’t accept your order. (Not to mention possibly still charge you transaction fees.)
While it may feel unfair to be “discriminated against” for not having a registered address in eitheror
, the upside is, there is no need whatsoever for affected shareholders to have a guilty conscience when buying from anonymous strangers on the open market instead, which will currently get you quite a few additional shares compared to the fixed SPP issue price of A$0.193!
No financial advice, though.
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So you say you're going for 300k in both your personal and Super? .Guess you are right @DingoBorat and 300k shares is a better number than 200k only 75k to go between my personal and super totals and I better hurry up while the downrampers on here and HC are working overtime, plus I’ve gotten an extra 4000 plus shares buying them on market and not on that fab offer the company were giving us SH
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Call me when you get to 650k..Soon top 50?
I never liked teachers at schoolSo you say you're going for 300k in both your personal and Super? .
That's Fantastic Pom!
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I know..i googled too ..my question was more specific ..but thxEvening Ethinvestor ,
I do not know...
This is from Google, explaining examples.
About Mandatory or Voluntary Corporate Actions - Accounting V17 - Confluence
eagledocs.atlassian.net
Regards ,
Esq.
Looks like it might have to do with the SPP, but if it does, their records are wrong and they didn't read the Share Purchase Plan Offer documentation..My friend Just received this 2 hours ago in Europe. Anybody knows what it means?
My friend Just received this 2 hours ago in Europe. Anybody knows what it means?
Catching up on some older posts…
The way I understand it:
Shareholders will NOT be eligible to participate in the SPP, unless they have a registered address in either Australia or New Zealand.
(It is not about nationality, though.)
You need to read your bank’s notification carefully!
This is what Consorsbank sent me - they explicitly note that it is your own duty to check in advance whether or not you are eligible to participate in the SPP, as they won’t do it (“Wir werden dahingehend keine Überprüfung vornehmen.”) and thus can’t be held liable.
They will, however, block the amount of money equivalent to your share purchase, once you have submitted your application form, so this sum won’t be at your disposal until BrainChip will have notified your bank that they won’t accept your order. (Not to mention possibly still charge you transaction fees.)
While it may feel unfair to be “discriminated against” for not having a registered address in eitheror
, the upside is, there is no need whatsoever for affected shareholders to have a guilty conscience when buying from anonymous strangers on the open market instead, which will currently get you quite a few additional shares compared to the fixed SPP issue price of A$0.193!
No financial advice, though.
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You're too slow FrangipaniHi Ethinvestor,
I assume it refers to the SPP offer.
However, if your friend in Europe does not have a registered address in either OZ or NZ, he/she would not be eligible to participate in the offer anyway, cf my earlier post:
My bank in Germany also set August 12 (10 am CEST) as the deadline for the submission of the SPP application, presumably so they can process it and forward the info to BrainChip in time before the offer’s closing date (August 15, 5pm Sydney time) - you’d think in this day and age when we customarily no longer use carrier pigeons, they wouldn’t require that much handling time, but hey…
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I guess it will reduce the amount of oversubscription for this raise.Looks like it might have to do with the SPP, but if it does, their records are wrong and they didn't read the Share Purchase Plan Offer documentation..
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Which doesn't really make sense, for a Company, with a Global shareholder base..
I don't think they have to worry about thatI guess it will reduce the amount of oversubscription for this raise.
Oh yer, you are right, its late i mixed it up with the TLG raise (i hold there as well).I don't think they have to worry about that..
Although buying in the SPP, does directly support the Company, taking the full allocation, would be giving the Company an almost $2800 "gift" at current levels and I'm not sure people are that generous (at least when it comes to investing).
If it is fully taken up, or even oversubscribed, I'd hazzard to guess, that it wasn't "genuine" shareholders.