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24.5¢ brainchip holdings ltd

Key difference is that Ambarella is listed on the NYSE and BRN...

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Memsl

215 Posts.

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17/01/22

19:46

Post #: 58928257
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Originally posted by Goldphish: ↑

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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Key difference is that Ambarella is listed on the NYSE and BRN on the ASX. Tech companies will always fare better in the US. Australia is backward in supporting good tech, they'd rather throw money on commodities.

BRN Price at posting: $1.48 Sentiment: Hold Disclosure: Held
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(20min delay)
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

View Market Depth

No.	Vol.	Price($)
8	166799	0.245
18	1185385	0.240
19	516770	0.235
27	354609	0.230
9	189268	0.225

Price($)	Vol.	No.
0.250	316145	7
0.255	621247	20
0.260	558475	7
0.265	268537	7
0.270	469340	11

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