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4.65%

22.5¢ brainchip holdings ltd

BRN does announce on the primary exchange thoughThey try to hide...

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aurelex90

4,403 Posts.

283

06/10/23

12:44

Post #: 70207955
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Originally posted by BaulklikeGresh: ↑

There is every chance of the price falling further with 12.5c the only real reference point of potential ta support for now. Add BRNs reluctance to announce anything to its primarily listed exchange, the ASX which bodes poorly also for further drops in valuation. Any low price is still on the cards here unfortunately for already bleeding shareholders. It continually astounds me that there is not more effort from BRN management put into alignment with ASX obligations and expectations from shareholders, versus what the "social media" and "company website" narratives tell.

The bottom line is that short selling is feasting on the above situation, and is still currently still well in control of the devaluing of the company. I honestly didn't think it would get this bad in terms of low valuation.

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BRN does announce on the primary exchange though

They try to hide bad news on a friday afternoon after trading hours

That should leave a bad taste in investor's mouths... but lots of investors are very bullish and seem to like it? Really strange

BRN Price at posting: 15.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 22.5¢		Change 0.010(4.65%)		Mkt cap ! $417.5M

Open	High	Low	Value	Volume
21.5¢	22.5¢	21.5¢	$1.871M	8.486M

Buyers (Bids)

No.	Vol.	Price($)
46	129705	22.0¢

Sellers (Offers)

Price($)	Vol.	No.
22.5¢	941352	22

View Market Depth

No.	Vol.	Price($)
46	129705	0.220
12	230350	0.215
22	602555	0.210
23	1009923	0.205
52	1784063	0.200

Price($)	Vol.	No.
0.225	941352	22
0.230	805810	20
0.235	562328	18
0.240	312097	10
0.245	447335	13

Last trade - 16.10pm 27/06/2024 (20 minute delay)

BRN (ASX) Chart