Is Brainchip overvalued?

Market Cap (2-Jul) $464,253,824 (293rd)	Close (30-Jun) $0.365 0 (%)	Volume (30-Jun) 5,822,328	Shortsold (19-Jun) 53,450,390 (2.64%) (100th)
52w High $0.450	52w Low $0.155	P/E -	EPS -0.02

10 posts

This stock feels really overvalued to me. Shorts seem to be reflecting that also.

Is this really a growth stock? BRN seems to be burning $3m+ per quarter, with a decline on quarterly receipts (just $1m per quarter!).

I am struggling to see the $900m market cap here. Anyone agree?

BRN was $0.54 at the close prior to posting, it is now around $0.17 (31.78%) lower · NotLikeThat had a none/not held disclosure

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Date	Close	Volume	Change
30-Jun	$0.20	7,891,908	-0.01 (2.50%)
27-Jun	$0.20	7,615,711	0.00 (0.00%)
26-Jun	$0.20	8,878,731	+0.01 (2.56%)
24-Jun	$0.20	4,129,096	+0.01 (2.63%)
23-Jun	$0.19	9,511,227	-0.02 (7.32%)
20-Jun	$0.21	8,682,083	0.00 (0.00%)
19-Jun	$0.21	6,259,803	-0.01 (2.38%)
18-Jun	$0.21	3,503,699	-0.01 (2.33%)
16-Jun	$0.22	6,692,275	0.00 (0.00%)
13-Jun	$0.22	3,735,947	-0.01 (4.44%)
12-Jun	$0.23	6,880,091	0.00 (0.00%)
06-Jun	$0.23	3,729,473	-0.01 (2.17%)
05-Jun	$0.23	8,389,349	+0.01 (4.55%)
04-Jun	$0.22	7,052,658	+0.01 (4.76%)
03-Jun	$0.21	3,203,542	+0.01 (2.44%)
5 up, 6 down, and 4 flat days

High $0.37	Low $0.36	Trades 916	Turnover $2,118,060	Volume 5,822,328
30 June 2023 at 4:12pm

High $0.37	Low $0.36	Trades 916	Turnover $2,118,060	Volume 5,822,328
30 June 2023 at 4:12pm

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