There was extremely strong demand at the time, as DK said, due to the Intel Foundry convention and the publicity that gave us.
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There is always manipulation, but strong volume and demand is "harder" to fake (though Market Movers can still encourage it).
The value of something in this World, is purely based on what people are prepared to pay for it.
Any other factors, are pretty much irrelevant.
People are currently paying AUD$102,166.91 for a Bitcoin, something that will never produce an income and you cannot see or hold.
It's value is based purely on the "Greater Fool" theory, in my opinion.
(sorry all you crypto lovers
).
Share spikes and dips, are also like this.
A fool to sell so low and a fool to buy so high.
The Intel exposure (as well as the Mercedes reveal) were just tastes, of what demand can do, for the shares in our Company.
This is the "joy" of being on the speculative side of Town.
When BrainChip lands a significant IP deal, the "dream" will begin it's crystallization into reality and the share price will move 4 or 5 times it's current value.
Future success, will begin to be baked into the share price.
Manipulation will continue, but at higher levels.
Ultimately, as we all know, BrainChip must prove the value of it's IP in the Marketplace.
Once this happens though, it will be very hard, to place a value, on a hot commodity.
Right now, we are in no man's land.