BRN 2.44% 20.0¢ brainchip holdings ltd

2024 BrainChip Discussion, page-3800

  1. 5,823 Posts.
    lightbulb Created with Sketch. 1790
    Well said.

    I have been accumulating as I see the first signs of uptake and potential increases to SP as a consequence of behind the scenes work being done, eventually leading to a contract of note. This was never a short journey and the ridiculous hype that surrounded this Company in 2022 was always people getting ahead of the development picture. A contract/license of note could happen at anytime, and with billions being thrown around in a desperate attempt to ensure the path going forward for the biggest players, BRN has to be getting more attention and could be snapped up for a relative song based on where it is now. A big player would spend the money just to block other players. Other mega players used tactics like that back in the day.

    Volumes on a longer term timeframe suggest to me buyers have and are entering the market to accumulate. 35c is a steal compared to what some paid in 2022 at round $2.00, but the Company are so much further down the path of development and partner relationships. Will they need more funds - sure.

    The mentality of ASX investors vs US investors are margins apart. I am more confident now that BRN is going to have its day in the sun.

    https://hotcopper.com.au/data/attachments/6046/6046956-65f1a6aa23bc51da40aaaab28b58d60f.jpg



 
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20.0¢
Change
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Mkt cap ! $366.5M
Open High Low Value Volume
20.0¢ 20.5¢ 19.8¢ $394.7K 1.972M

Buyers (Bids)

No. Vol. Price($)
54 1638764 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 291960 21
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