Thought I would repost this as to why I don't mind shorters.
Shorting Brainchip is crazy!
Shorters do not worry me, especially with a company like Brainchip.I
It is still being manIpulated by them.There is 3.7% of our shares out there that have been borrowed. 61MILLION SHARES!!
As long as they keep selling back in to the market it will stay around this price.
The only way our SP will move upwards is a killer ann. or a TO.Our turnover today is 5 million shares,
Watch what happens when they try to buy back 61MILLION shares and there are no sellers!!
Watch this space, it is fantastic when it happens.
Fourteen days days volume needing to be bought in a very small timeframe.
When will it happen?Who knows but they have to buy them back at some stage and I hope it is sooner rather than later, maybe September will be that month.
Just my opinion, do your own research.
Short position open to 10c, page-562
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Last
28.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $552.2M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 30.0¢ | 27.0¢ | $6.562M | 23.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1210 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 882769 | 13 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| BRN (ASX) Chart |