It's not crazy, its by design. The shorters have spent a lot of money and time engineering this situation.
The only crazy thing is investors that sell at these prices. (except of course those who can time the market).
Buy high sell low doesn't seem like a good strategy to me.
2023 BrainChip Discussion, page-4144
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Last
21.5¢ |
Change
0.025(13.2%) |
Mkt cap ! $421.2M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 22.5¢ | 18.5¢ | $4.334M | 20.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 82000 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 136156 | 3 |
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| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |