Reeza IMO it's not purely shorters that push price down its a mix of market conditions and not enough buying interest. Also factors such as deflationary/recessionary market outlook, recent bank collapses and maybe more coming??
larger investors not wanting to risk their hard earned capital especially on speculative stock (at high Market Caps) also part of the equation. Management can't do much about shorting as it's legitimate and happens on all stocks.
2023 BrainChip Discussion, page-694
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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 |