"I think you'll find that most shorts will go long via the placement, which of course is exactly what they were betting on."
Makes a lot of sense Modula! Now we know why they never covered their shorts. Interestingly, the number of shares to be issued to instos by placement pretty much matches the outstanding shorts.
buru chart, page-58
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Last
7.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.03M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3 | 8.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 64473 | 2 |
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| Last trade - 16.12pm 27/09/2024 (20 minute delay) ? |
| BRU (ASX) Chart |
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