Rodney
Regular
Fact FinderHi K
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
Fact Finder
I don’t think the supply has ever really been there. All the holders I know have increased there positions and don’t know one that’s sold. I reckon that a lot of the churn we witnessed is the same bundle of shares getting traded multiple times a day.
To me it’s all theatre. Was it JP Morgan that changed there amount of holdings ( downward) at the same time the shorters closed 50 mil shorts.
Churn they will but they will need to churn at a lot higher base if they want to accumulate from retail investors.