BRN 2.00% 24.5¢ brainchip holdings ltd

I don't know how a company could go about artificially inflating...

  1. 874 Posts.
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    I don't know how a company could go about artificially inflating its share price the way BRN has run the past week, $300 million worth of stock traded in a single day today is a lot of artificial money, and I don't think management can be accused of doing fluff announcements either. If an orchestrated campaign of whispers and rumours from management have caused this run, then well done to them.
    Regarding the share price, I think the value now better reflects where myself and a lot of long term investors feel it should be at and I'm not talking about potential, I'm talking about the signed contracts the company has right now in this industry.
    I look at a company like Ambarella with a $10billion valuation that's a little further up the revenue curve then BRN, but BRN is only a quarter of their valuation, and it's not hard to envision BRN achieving a similar market cap over the next few years as revenue from these existing contracts come to fruition.
 
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Last
24.5¢
Change
-0.005(2.00%)
Mkt cap ! $454.7M
Open High Low Value Volume
24.5¢ 25.0¢ 24.0¢ $2.351M 9.583M

Buyers (Bids)

No. Vol. Price($)
11 212207 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 372207 12
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
24.5¢
  Change
-0.005 ( 2.00 %)
Open High Low Volume
24.5¢ 25.0¢ 24.0¢ 7464422
Last updated 15.58pm 03/05/2024 ?
BRN (ASX) Chart
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