SP will go south until people stop selling cheaply.
This will happen when:
- (maybe) Lou has sold enough shares to take up options as if he's selling prior to the option end date at the moment he's a price taker not setter
- Peter's LDA arrangement finishes and, if he then sells more, he's raised enough cash to do what he wants to do (and good luck to him he deserves whatever he wants)
- LDA stops or runs out of shares to market, including the additional ones that are subject to the extra $5m or so that Brainchip must drawdown before end October
- Nervous nellies have given up, sold and exited (only to rue the day in a couple of years time)
- We see increased revenue or a significant announcement
- The actions of the big end of town and Shorters are stopped or slowed by that increased revenue/announcement or one or both seems imminent.
Now, it seems to me that some of these may not occur for a few months yet. While I haven't given up on my $1.13 winning the Grange that @Formann1987 so kindly put up for the competition, I am comfortable that I may not see a major appreciation in SP until well into 2022. Hence my channelling of Master Po and my cessation of checking the Porsche advertisements.......
All of this IMO only. Like FF I am but one anonymous poster and vastly less educated, knowledgable and erudite than he. Grain of salt. Grain of salt.
Ballista
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Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $451.3M |
Open | High | Low | Value | Volume |
23.0¢ | 24.0¢ | 21.5¢ | $2.863M | 12.69M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 136498 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 444756 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 116498 | 0.230 |
4 | 205000 | 0.225 |
23 | 689438 | 0.220 |
22 | 1098412 | 0.215 |
38 | 1026309 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 444756 | 13 |
0.240 | 941937 | 20 |
0.245 | 612347 | 15 |
0.250 | 151787 | 5 |
0.255 | 132485 | 7 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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