Of course the market reacted. In fairness to management, the way this 4C was handled was very intelligent.
They had an absolutely abysmal 4C which had to drop, so they covered it up with some flashy announcements which (on the face of it) seem big, but when you look into the content, it's nothing new and nothing that indicates significant revenue or customer deals.
Day traders are having a field day today.
I made a small amount of cash, in at 47.5 and out at 50, but I'm sure some smarter people than me managed to get out at 51.5
Ann: Taking Orders of Akida AI, page-84
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $342.8M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.0¢ | $1.233M | 7.023M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 1279811 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 1408579 | 46 |
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| BRN (ASX) Chart |