Occam
I have never heard of a share placement at a higher price than what shares were trading at before placement!
Everyone goes on about shorters.....well usually they are in the know about placements.......so guess what they are now able to cover easily . If an insto gets a share at $1.60 now and it's on market trade is $1.80 .... A quick 15% profit is great for them.
Go check out what happened to Lynas just as it finished its plant and shares were going up. They did a placement and it shares have tanked .
Everyone do your own thing .
These are just my rants.
I still like BURU ....but am getting weary of all the market.
Cheers
buru chart, page-74
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Last
8.5¢ |
Change
-0.001(1.16%) |
Mkt cap ! $57.06M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.5¢ | 8.5¢ | $8.432K | 99.19K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 206000 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.6¢ | 112361 | 2 |
View Market Depth
| Last trade - 15.45pm 02/08/2024 (20 minute delay) ? |
| BRU (ASX) Chart |