BRU 2.86% 6.8¢ buru energy limited

buru chart, page-93

  1. 690 Posts.
    lightbulb Created with Sketch. 93
    I suppose if you wanted to make a quick 10% profit
    you would sell the shares on market immediately.
    someone just made 3.5m by having the cash in hand at no risk.
    Suggests that $1.65 will be the floor price.
    But I am happy to give up 10% of company for the cash injection and the ability to drill more targets.
 
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