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
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $333.6M |
Open | High | Low | Value | Volume |
17.0¢ | 17.5¢ | 16.5¢ | $2.068M | 12.16M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
73 | 2921940 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 15034 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
71 | 2909205 | 0.165 |
93 | 2221982 | 0.160 |
29 | 1044798 | 0.155 |
96 | 2736833 | 0.150 |
9 | 542806 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 15034 | 2 |
0.175 | 1211864 | 23 |
0.180 | 1620405 | 19 |
0.185 | 381997 | 18 |
0.190 | 617305 | 10 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
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