There may be a dedicated big buyer who has been accumulating (and there probably is) but extra volume is being generated by a handful of side bets from people who have jumped aboard to play the pip-cycles (buying low and selling high - to make 1 to 2 cents on each cycle).
So, while the volume looks impressive, a fair chunk is the same money going round and round.
It's not a bad strategy but too tedious and risky for my liking.
2024 BrainChip Discussion, page-1756
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $313.9M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $553.4K | 3.382M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 78 | 2760881 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 295070 | 14 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| BRN (ASX) Chart |