Assuming there is an accumulator at work...
Looks like they are trying to take some heat out of the trading action.
Have paused buying, and trying to kick start a pullback.
These cross trades look suspiciously like SELLs down rather than BUYs up.
This tells me 2 things...
- They haven't finished buying
- They aren't working to a deadline i.e. they don't have specific knowledge of an imminent announcement.
They will be hoping for some to conclude "the rally is over, time to get out while I still have a profit."
If they are really cool and not too worried that an announcement will drop, they'll let it pullback today.
But, I don't have access to more detailed trading and broker data, you can only see so much through a retail trading platform.
And my assumptions could be all wrong.
2024 BrainChip Discussion, page-9874
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Last
24.5¢ |
Change
0.010(4.26%) |
Mkt cap ! $483.2M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 25.0¢ | 23.0¢ | $2.383M | 9.852M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 338128 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 1301709 | 24 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| BRN (ASX) Chart |