What you're not understanding is most holders that hold are deeply in the red underwater, and cannot just sell or else they crytallise their losses!!
Yes it was clearly stated by the management we are close, evidenced when Sean said "watch the financials", that was a major confidence boost for many holders which I am sure many had invested based on this bullish comment. Since buying in mid 30s myself the SP has nearly halved. Thats the frustration I think that myself and @InvestforGrowth are feeling. That's all.
2024 BrainChip Discussion, page-7390
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $323.8M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.5¢ | $469.4K | 2.794M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 76 | 2539653 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1057461 | 11 |
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| BRN (ASX) Chart |