Very well said. This has been brewing & the seeds have been planted for years on end.
This is why the SP has been held up with a wall despite there being little to no known profits / revenue. If you mix the retail investors, institutions, LT Loyal Holders etc, it is obvious that people have faith which is ultimately what has kept BRN a float, even during very quite periods where we may hear no ASX announced news for quite some time.
If BRN was "worthless" or "creating a useless chip" like some claim on here, I think this stock would have been crunched below .10c and back to square one a long time ago. It wouldn't be on any companies radar. It wouldn't be in the limelight like it is. It wouldn't have been adopted & partnered with some of the biggest names in the industry.
All of the rest of the 5-10% SP increases are shorters shorting and doing their thing. BRN is one of most shorted stocks on this market and it is very easy to see why. It attracts a lot of people who hear things on the grapevine rather than do their due diligence to research prior to their investments. Any-who, there will be a day that amateur shorters get burnt hard.
If you are new here, make sure you don't get sucked in to these little games.
- Forums
- ASX - By Stock
- BRN
- 2023 BrainChip Discussion
2023 BrainChip Discussion, page-1663
-
- There are more pages in this discussion • 4,733 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRN (ASX) to my watchlist
|
|||||
Last
18.8¢ |
Change
-0.018(8.54%) |
Mkt cap ! $357.2M |
Open | High | Low | Value | Volume |
20.0¢ | 20.5¢ | 18.5¢ | $2.054M | 10.67M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
78 | 2678845 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 96479 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
77 | 2577710 | 0.185 |
60 | 1881799 | 0.180 |
26 | 623657 | 0.175 |
27 | 411545 | 0.170 |
9 | 229119 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 115679 | 13 |
0.195 | 723303 | 7 |
0.200 | 753073 | 17 |
0.205 | 886163 | 21 |
0.210 | 1043453 | 21 |
Last trade - 15.07pm 30/07/2024 (20 minute delay) ? |
Featured News
BRN (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online