BRN Discussion Ongoing

BrainShit

Regular
What went on here?
A "Special Crossing T3" trade done at the Credit Raise issue price, for 10.12 million shares, totalling almost 2 million dollars?? 🤔..

View attachment 67251
View attachment 67252

Must be the LDA shares, but?..

Just to explain what an T3 is...

A Special Crossing T3 is a type of trade execution on the Australian Securities Exchange (ASX). It refers to a special crossing that settles on T+3, which means the trade settles three business days after the trade date.

Special crossings are typically large volume trades executed off-market between two parties at an agreed price. The "T3" designation indicates the settlement timeframe, which is longer than the standard T+2 settlement cycle used for most regular trades.

These special crossings are often used for block trades or when transferring large positions between institutional investors. They allow for the execution of significant transactions without immediately impacting the market price of the security.

It's worth noting that there are different types of special crossings, including T2 (settling in two days) and those that settle in timeframes greater than or equal to T3 but less than T2, depending on the specific requirements of the trade.
 
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7für7

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If you want to know the real name of T&J aka t-ball aka dolci aka the dean etc , watch the comment on this post 😂
 
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Drewski

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From Rayz @ the crapper
 

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Drewski

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Ditto
 

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HopalongPetrovski

I'm Spartacus!
Hey Esqi.
Seems that 19.3 cent SPP offer is acting a bit like a sea anchor holding our price within a few pips.

I had been considering a short term trade with the 155,000 odd if we got up to .23/.24 and then buying back in with the plan for a quick 3-4 grand profit with minimal risk and just losing the CGT discount on those shares for another year.
This is based on the assumption there may not be too many takers, given the relative small discount to on market price and the lack of any attached oppies.

I wonder too if they would reject my money if I oversubscribed?
They're wording says.....

"The Company may choose to accept applications outside the prescribed parcel sizes at their absolute discretion."

I've been lucky in the past and usually had my oversubcriptions filled, but generally the offering Company has made the possibility a little more inviting.

Be interested in your thoughts. 😃
 
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By the looks of things I might have done myself a favour by not knowing how to buy in the cap raise

1722300147635.gif
 
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Esq.111

Fascinatingly Intuitive.
Morning HopalongPetrovski ,

Sea Anchor indeed.

$25 mill cap raise ...... thought our CEO had a membership at Silicone Valley Club ..... would appear not so connected.

On The Insto or other that took a punt with the $22 mill purchase , with a minimum hold period of 12 months........ well thinking like someone in the business of making money and getting a return on such , wonder if our company was smart enough ( very Doubtful ) and included a caveat where these shares cant be lent out for shorting.

This could eventuate into a bigger sh#*t show than they have achieved thus far , from a shareholders perspective.

Purely a guess , but id say the Board will be chasing as much cash as can be extracted.

Regards ,
Esq.
 
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By the looks of things I might have done myself a favour by not knowing how to buy in the cap raise

View attachment 67257
Perhaps..
Looks like people are pulling sells now..

Was watching the action on open today, was looking like "someone" was determined to have us open lower.
Then a lot of medium to small mid trades lower..
A couple of iddy biddy sells at 19.5, some more mid trades and then bang a whole big wad at 19.5.

Games as usual..
 
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HopalongPetrovski

I'm Spartacus!
Morning HopalongPetrovski ,

Sea Anchor indeed.

$25 mill cap raise ...... thought our CEO had a membership at Silicone Valley Club ..... would appear not so connected.

On The Insto or other that took a punt with the $22 mill purchase , with a minimum hold period of 12 months........ well thinking like someone in the business of making money and getting a return on such , wonder if our company was smart enough ( very Doubtful ) and included a caveat where these shares cant be lent out for shorting.

This could eventuate into a bigger sh#*t show than they have achieved thus far , from a shareholders perspective.

Purely a guess , but id say the Board will be chasing as much cash as can be extracted.

Regards ,
Esq.
Thanks Esqi.
Unfortunately, I agree.
Unlikely our buyer would want to hamstring themselves with such a caveat.
Although I think the polite term is, ahem,.....hedging. 🤣
 
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FJ-215

Regular
Perhaps..
Looks like people are pulling sells now..

Was watching the action on open today, was looking like "someone" was determined to have us open lower.
Then a lot of medium to small mid trades lower..
A couple of iddy biddy sells at 19.5, some more mid trades and then bang a whole big wad at 19.5.

Games as usual..
Possibly shorts putting more pressure on to help close out their positions.
 
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This a great overview of the future of AI within all the leading players , we’re does BRN sit do you think ?.

 
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HopalongPetrovski

I'm Spartacus!
 
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Possibly shorts putting more pressure on to help close out their positions.
That's what I'm thinking.

Taking new positions at these levels, with the Company cashed up, doesn't make a lot of sense.

But the Company needs to make definitive progress, lest it does..
 
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FJ-215

Regular
That's what I'm thinking.

Taking new positions at these levels, with the Company cashed up, doesn't make a lot of sense.

But the Company needs to make definitive progress, lest it does..
Takes time for the market to get comfortable with the number of new shares on issue. We just had our equivilent of a Xmas in July sale, 100M+ shares would be, what, a months worth of shares traded in one day. Genuine buys are probably exhausted leaving only Shorts and bargain hunters.

Have a look at DRO after their CR. They took a hit before THAT run. Fingers crossed for us!
 
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HopalongPetrovski

I'm Spartacus!
Takes time for the market to get comfortable with the number of new shares on issue. We just had our equivilent of a Xmas in July sale, 100M+ shares would be, what, a months worth of shares traded in one day. Genuine buys are probably exhausted leaving only Shorts and bargain hunters.

Have a look at DRO after their CR. They took a hit before THAT run. Fingers crossed for us!
Takes a little bit of fine tuning the bots to get that 19.25 holding steady.
Another two weeks of this shite?
Wonder what the master plan is?
Or what the outcome of the struggle for dominance will be?
A nice big money announcement, out of the blue, would be fun to watch and ride, right about now. 🤣🤣🤣
Bring it, BrainChip!
 
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7für7

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I
Takes a little bit of fine tuning the bots to get that 19.25 holding steady.
Another two weeks of this shite?
Wonder what the master plan is?
Or what the outcome of the struggle for dominance will be?
A nice big money announcement, out of the blue, would be fun to watch and ride, right about now. 🤣🤣🤣
Bring it, BrainChip!



Brainchip? ….. it’s time !


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IloveLamp

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