2024 BrainChip Discussion, page-3805

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Tanotfa

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21/03/24

13:49

Post #: 72995378
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Originally posted by Lucretious ↑

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.

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@Lucretious ... In the shorter-term, BRN is certainly telling the right "FIBs" ... I think we are about to resume our Jan/Feb Uptrend.

BRN Price at posting: 34.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 19.8¢		Change -0.008(3.66%)		Mkt cap ! $366.5M

Open	High	Low	Value	Volume
20.0¢	20.5¢	19.8¢	$394.5K	1.972M

Buyers (Bids)

No.	Vol.	Price($)
55	1640764	19.5¢

Sellers (Offers)

Price($)	Vol.	No.
20.0¢	292759	21

View Market Depth

No.	Vol.	Price($)
54	1637636	0.195
70	2020085	0.190
28	1181041	0.185
54	1326948	0.180
11	517850	0.175

Price($)	Vol.	No.
0.200	303032	16
0.205	1260226	33
0.210	1465209	19
0.215	639159	17
0.220	679186	23

Last trade - 14.31pm 11/07/2024 (20 minute delay)

BRN (ASX) Chart

2024 BrainChip Discussion, page-3805

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2024 BrainChip Discussion, page-3805

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