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5.66%

25.0¢ brainchip holdings ltd

Agree with you mate... Majority of the other noise traders will...

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Bigbonzo101

686 Posts.

304

27/02/24

16:42

Post #: 72624714
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Originally posted by ydqcau: ↑

How BS are those players here.
At the price of 20c a share, a package of 100k share will cost $20k (the trading price would be much higher if we look at it for the last few days). Considering the history of volatility here, I do not see how Mum/Dads will spend over $20K on BRN easily. So this is '0' chance the retails are building up the $300M size of trading for the last few weeks.

This is 100% by funds, shorts and funds. They created the volume and took advantage of some retails and some poorly performing funds.
More importantly, this rise pushed BRN market cap significantly and even with today's MC of 668M, BRN is not kicked out of ASX300 at the coming March reblanceing (the market data cut off for determining the rebalancing is last Friday, so this one is mission completed).

Now funds will play for sure and meanwhile, the milestones and sales events will create waves for everyone.

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Agree with you mate...

Majority of the other noise traders will just focus on silly milestones.. They're used to investing in rock kickers and constantly raise capital from the public.

People who think BRN is a life style company are sure to leave with egg on their face at some point.

BRN Price at posting: 32.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 25.0¢		Change -0.015(5.66%)		Mkt cap ! $463.9M

Open	High	Low	Value	Volume
26.5¢	26.5¢	25.0¢	$2.456M	9.509M

Buyers (Bids)

No.	Vol.	Price($)
83	1940540	25.0¢

Sellers (Offers)

Price($)	Vol.	No.
25.5¢	154630	7

View Market Depth

No.	Vol.	Price($)
82	1905540	0.250
39	900278	0.245
53	728891	0.240
20	393651	0.235
32	364506	0.230

Price($)	Vol.	No.
0.255	154630	7
0.260	784386	8
0.265	680880	15
0.270	699946	16
0.275	534961	13

Last trade - 16.10pm 29/05/2024 (20 minute delay)


Last 25.0¢			Change -0.015 ( 5.80 %)
Open	High		Low	Volume
26.5¢	27.0¢		25.0¢	5714219
Last updated 15.59pm 29/05/2024 ?

BRN (ASX) Chart