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Hi KHappy Birthday
Its a valid point that supply and demand equations will eventually change for brainchip.
The right announcement will not only drive the value up but it will also reduce shares available as more will want shares. Australia is really a tiny market where BRN is heading to.
The fall to 15 cents was really shocking but I think shook out many holders that could not stomach it much longer.
I know some hope now to buy back on the pull back into the 20s but will it happen I do not know. My view is we are reaching a point of trend change the rate if change is the unknown in my view when I see this stock undervalued based on the IP alone. We are pre revenue so the revenue is not the issue would I like to see revenue absolutely. Just my thoughts.
Lots is happening we just are not in the know. This presentation next week Sean is putting on shouldni think give a little more direction they may have better awnsers now and understand the market. I don't thinknthat this presentationnis just geared to to AGM but more on the overall look.
The shares available in the event of a run is interesting to consider.
In recent months someone posted that the top 1,000 share holders control about 70% of the shares on issue. I suspect that those 1,000 holders will be less likely to be holding short term and most likely to have a solid medium to long term strategy.
Then the next 30 percent some portion of this group will also have a settled plan for their investment. I speak via private message on here with younger holders who tell me they understand the technology and have invested in Brainchip for the long haul hoping it will be the next Apple or Nvidia and they to have very long time lines in contemplation.
Anyway the point is it seems to me that while Brainchip has about 1.8 billion shares on issue only a relatively small proportion of those shares are actually available or will be made available.
We have seen over the last fortnight that it was pretty easy for a few hundred million shares to change hands quite quickly.
If someone or something has been accumulating with a longer term vision it might be surprising how few shares are actually available now to be acquired.
Your suggestion that supply will dry up could possibly be very close to coming true.
My opinion only DYOR
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