The LDA termination will reduce selling pressure. Also the small discount would be very disappointing for the shorters/downrampers.
BRN is throwing the kitchen sink at commercialisation and development.
The BOD have until the next AGM to get moving, and they are aware of this.
The small discount reflects some market confidence moving forward. Obviously the Pitt Street report was produced for the benefit of Institutional investors with its $1.59 valuation and its optomistic outlook.
2024 BrainChip Discussion, page-7319
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $361.9M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 19.5¢ | $804.7K | 4.028M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40000 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 89416 | 8 |
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| Last trade - 15.59pm 26/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |