BRN 6.12% 23.0¢ brainchip holdings ltd

Ann: A$25million Equity Capital Raise, page-188

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,302 Posts.
    lightbulb Created with Sketch. 1043
    I'm definitely not panicking. If BRN were to go to zero, that would incur a 4% loss of portfolio for me. If it closed below 13.5c I will sell and watch on. That would be a 1% of portfolio loss. My current risk at market is less than 3% if my stops all get hit.

    The only reason I re-entered at low prices was because I have had a strong month in July. 40% profit, so I can take a small position with very low exposure that is more of a potential asymetric risk/reward, not in the normal plan type of investment. Ie. A terrible YOLO very low percentage type trade.

    My points are as highlighted and I'd be very concerned for shareholders that have a large exposure to BRN as a percentage of their portfolios, even at these prices. They can go a lot lower in my view fir all the reasons already stated.



 
watchlist Created with Sketch. Add BRN (ASX) to my watchlist
(20min delay)
Last
23.0¢
Change
-0.015(6.12%)
Mkt cap ! $451.3M
Open High Low Value Volume
25.0¢ 26.0¢ 22.8¢ $4.032M 16.67M

Buyers (Bids)

No. Vol. Price($)
23 1116797 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 395033 10
View Market Depth
Last trade - 16.10pm 17/10/2024 (20 minute delay) ?
BRN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.