BUR 0.00% 13.0¢ burley minerals ltd

this is ridiculous, page-30

  1. 667 Posts.

    if well 2 is not the best and it is sold down, it will still be stupid by the sellers because this stock is allready under valued drastically, all the financial information shows this quite clearly.. and just presents another buying op..

    the thing is, in a year when there is a few wells producing and proper revenue the stock price will be rated accordingly.. no matter if it hits 2c or 15c in the next month or so..

    its just about how cheap do you think you can get it in the short term, you could also run the risk of missing out on these low prices... which is why i just brought again anyway

    a falling stock price is OK if your buying it below true value and the company is headed in the right place, you will still turn the profit you wanted in the same time frame. for me its 2 -3 years, i want to ride it to the end of these 25 wells and see what burleson has install then, could be bigger projects on the cards after as they will be able to afford to invest in bigger projects.

 
watchlist Created with Sketch. Add BUR (ASX) to my watchlist
(20min delay)
Last
13.0¢
Change
0.000(0.00%)
Mkt cap ! $19.54M
Open High Low Value Volume
13.0¢ 13.0¢ 13.0¢ $18.98K 146.0K

Buyers (Bids)

No. Vol. Price($)
3 362637 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 362147 1
View Market Depth
Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
BUR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.