I don't think it's fishy - it was inevitable.
Whoever is accumulating is in no hurry - no imminent deadline.
Just going to steadily buy slowly over the next few weeks.
Possibly predicting the next 4C will show a significant rise in revenue over the last 4C.
Feels like they (the big investor) has had their eye on BRN for quite some time, saw the last 4C, had a think about it, and at their last investment review meeting decided to take a position.
That's what it feels like. Could be wrong.
2024 BrainChip Discussion, page-1667
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Last
26.3¢ |
Change
0.033(14.1%) |
Mkt cap ! $451.3M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 26.5¢ | 23.8¢ | $1.416M | 5.605M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12559 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 737029 | 22 |
View Market Depth
| Last trade - 10.38am 07/10/2024 (20 minute delay) ? |
| BRN (ASX) Chart |