Call me cynical, but there was a major reduction in the SHORT position immediately following the recent placement by BRU to Deutsche. I think it is time for the ASIC/ASX to review placements by companies to Institutions at a discount to the market, when ordinary shareholders miss out. BRU do have an SPP open at the same price, but let's face it, because it has been capped at $5 million, the small punter is likely to be scaled back 2/3rds or more of application.
....I was assuming the SHORTS would ALL have to be covered via the market, I COULD BE WRONG, but this new CEO would appear to have given some of the shorts a cheap way out, although he may not have been aware he was presenting the market killers with a gift. I'm sure that would not have been something Eric would have agreed to easily, given his shareholding.
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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($) | Vol. | No. |
---|---|---|
8.0¢ | 69473 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3 | 0.080 |
1 | 19982 | 0.075 |
1 | 10000 | 0.073 |
1 | 100000 | 0.072 |
1 | 25000 | 0.071 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 69473 | 3 |
0.082 | 182912 | 2 |
0.084 | 128205 | 1 |
0.087 | 88369 | 2 |
0.088 | 60000 | 1 |
Last trade - 13.09pm 27/09/2024 (20 minute delay) ? |
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