Australia's largest stock trading and investment forum Australia's #1 stock forum

BRN

Click for more information

2.63%

18.5¢ brainchip holdings ltd

there's also been a change in investor sentiment with more...

First 563 Last

Share
Profile

Follow
Al101

484 Posts.

170

18/02/24

21:28

Post #: 72473332
Share

Originally posted by mapp: ↑

It seems to me that many investors interested in BRN were also not interested in catching a falling knife.

The short speculators were very successful in lowering BRN's price by very tactical selling. And they appeared to have made a profit. It will be interesting to see how many took cover last week. They may even try to repeat their strategy.

At this stage there appears to be a buy signal in the chart and the investors waiting on the sideline are jumping in.

There is even a greater number of investors that still consider BRN a story stock. Some won't be tempted until BRN announces a material contract. Others will wait for revenue. Others will wait for profit. Still others will wait for a history of profit.

I am very happy with my BRN investment, the tech seems well accepted and is certainly in the right area with a huge prospective market. I don't know of any real competitor to BRN and the market cap is still less than USD $500M with a relatively tight shareholder base. We live in interesting times.

Expand

there's also been a change in investor sentiment with more interest and investment in AI
hopefully this new sentiment will continue

BRN Price at posting: 36.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

1CG

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

MGU

New results confirm Buena Vista's iron grades potential

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

There are more pages in this discussion • 73 more messages in this thread...

First 563 Last

Add BRN (ASX) to my watchlist

(20min delay)
Last 18.5¢		Change -0.005(2.63%)		Mkt cap ! $343.3M

Open	High	Low	Value	Volume
19.0¢	19.0¢	18.0¢	$1.498M	8.098M

Buyers (Bids)

No.	Vol.	Price($)
100	2840830	18.0¢

Sellers (Offers)

Price($)	Vol.	No.
18.5¢	59029	2

View Market Depth

No.	Vol.	Price($)
99	2833608	0.180
37	909046	0.175
46	844616	0.170
15	274259	0.165
29	634030	0.160

Price($)	Vol.	No.
0.185	59029	2
0.190	1478907	18
0.195	1199207	15
0.200	1421711	25
0.205	899056	15

Last trade - 16.10pm 31/07/2024 (20 minute delay)

BRN (ASX) Chart