Selling pressure would continue across small caps as Fed said that rates are going to stay as is for a long time and maybe another increase is on the cards!
A lot of small caps would need on going funding else they would be cash crunched and choke eventually.
Market cap and valuation is being tested right now and that presents a perfect opportunity for shorters/instos.
Most small companies have hit the panic button and are in survival mode already.
2023 BrainChip Discussion, page-4178
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Last
21.3¢ |
Change
-0.003(1.16%) |
Mkt cap ! $394.3M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.8¢ | $489.4K | 2.330M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 888827 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 821967 | 23 |
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| Last trade - 14.25pm 05/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |