BRN 5.08% 28.0¢ brainchip holdings ltd

Ann: AGM Address and Presentation, page-526

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  1. 2,558 Posts.
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    Blue Ant............I think the drop in SP since 20th has been a result of the addition to the MSCI Index now. Brokers/traders knowing this date was coming pushed the price down to get a heap of cheap shares that would have a guarrantee of going up on inclusion into the Index.
    Some shorters may have taken the opportunity to close positions.

    This afternoon will be interesting with a Friday/weekend close so which way will the SP go? Demand ready for Monday? or sell for the weekend.

    For me I don't care less as I am mostly on a LTH position. I am more interested in seeing a continuation of buying/volume to confirm a re-Rate. biggrin.png

    The stuff I have posted regarding Renesas and potential income for 2022 should not be under estimated. Smarter people than us are watching and will know how this must play out with the SP and MC. Any revenue from Renesas chip of even just $1 Billon will have a dramatic re-rate of the SP beyond what most here can comprehend. Think PE. Think big boyz who base so much on PE. enough said.

    Yak52 cool.png
 
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Last
28.0¢
Change
-0.015(5.08%)
Mkt cap ! $552.2M
Open High Low Value Volume
29.5¢ 30.0¢ 27.5¢ $6.297M 22.13M

Buyers (Bids)

No. Vol. Price($)
44 1370975 27.5¢
 

Sellers (Offers)

Price($) Vol. No.
28.5¢ 1073647 14
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