Brainchip Holdings Ltd (ASX: BRN)The Brainchip share price is down 8% to 28 cents. Investors have been rushing to the exits following the release of another abject update from the semiconductor company. Brainchip pulled in just US$90,000 in cash receipts for the three months, which is less than some bakeries pull in. And those bakeries probably don't report a cash outflow of US$4.4 million a quarter. In addition, investors may be alarmed by how a $500 million company named its appearances on podcasts as one of its most notable achievements during the three months. All eyes will be on the company next month when it holds its annual general meeting and faces a second strike to its remuneration report.
https://www.********.au/2024/04/29/why-betmakers-brainchip-core-lithium-and-megaport-shares-are-sinking-today/
2024 BrainChip Discussion, page-4771
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Last
19.5¢ |
Change
0.005(2.63%) |
Mkt cap ! $361.9M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.0¢ | $661.1K | 3.388M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 516291 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 1158060 | 31 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |