BRN 4.26% 24.5¢ brainchip holdings ltd

Short position open to 10c, page-648

  1. 8,320 Posts.
    lightbulb Created with Sketch. 805
    very poor idea shorting around these levels - 0.47 seems to be a floor forming. The company now have the chips to play with and can really hit the ground running by wowing potential buyers, if they weren't already doing that before (spoilers: yes they were, hence nasa and renesas). We know that NDAs are signed and discussions are being had, and some are viewing this as the "competitive advantage" their products/tech need - so basically you have a situation where, imo, we will float around here while a ticking timebomb for a positive development is brewing. There are little foreseeable negative catalysts on the horizon too - perhaps the AFR will spin a yarn about directors selling and quarterlies still showing cash burn yada yada, but nothing substantially negative on the horizon. shorters beware you're in for a scare!
 
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Last
24.5¢
Change
0.010(4.26%)
Mkt cap ! $483.2M
Open High Low Value Volume
23.5¢ 25.0¢ 23.0¢ $2.383M 9.852M

Buyers (Bids)

No. Vol. Price($)
4 338128 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 1301709 24
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Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
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