BRN needs capital so a discounted raise is a guarantee soon.
They also have no meaningful revenue and an admission the first generation of the product was a failure.
Day traders gamble everything based on lines on a chart. Obviously that is foolish.
The investors have sold out because BRN is in a genuinely concerning position and it would be foolish to dismiss thise concerns.
2023 BrainChip Discussion, page-2884
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 19.5¢ | $796.1K | 3.947M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 1478980 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 205644 | 4 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |