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
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $333.6M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 16.8¢ | $1.713M | 9.977M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 308539 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 1292113 | 14 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |