BRU
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9.88% 8.9¢ buru energy limited

trading halt - acquisition & capital raising, page-3

  1. Bigpete
    166 Posts.
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    26/09/12
    09:45
    Post #: 10771717
    The trading halt explains the large short positions of late which has controlled the share price to a certain level. Accumulation may have been taking place. Pushing the share price down then accummulating a position.

    There has been a good discussion and theories on shorting and why traders do this on the "charts" thread. This threads sums up the position in respect to BRU IMO. Details are here:

    http://hotcopper.com.au/post_single.asp?fid=307&tid=1838719&msgid=10716810

    BRU Price at posting: $2.85 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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8.9¢ 		Change
0.008(9.88%) 		Mkt cap ! $59.75M
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7.8¢ 8.9¢ 7.7¢ $237.1K 3.002M

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1 74730 8.0¢
 

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Price($) Vol. No.
8.9¢ 12236 2
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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