It seems we are getting close to some stability , however, the big test will be to see if we head above 16 by next Monday. I am guessing we don’t , which means that the offer to retail shareholders will not be worth the paper it’s written on and very few will take up the offer. Many , like myself won’t because they bought on market at 14.5. The question is ,....was it designed this way and for whose benefit ?
The next decision point will be ,...when , and how many to unload during drilling. The answer will depend on how much support the stock gets as we approach spudding the well, and consequently what price the stock reaches . The first sniff of hydrocarbons during drilling will be , I think , as we drill through the Laurel
formation ? ? The next big sniff will hopefully as we get into the top of the target structure . Not easy decisions . The only thing I know for sure is that I don’t want to be holding this stock a minute longer than I need to.
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- Ann: Buru on track for commencement of drilling program
Ann: Buru on track for commencement of drilling program, page-44
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Last
4.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.07M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 473836 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 777778 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 473836 | 0.044 |
4 | 316870 | 0.043 |
2 | 95259 | 0.042 |
3 | 111000 | 0.041 |
5 | 314314 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 777778 | 4 |
0.046 | 18009 | 1 |
0.048 | 182261 | 3 |
0.049 | 291591 | 4 |
0.050 | 25500 | 1 |
Last trade - 16.12pm 19/11/2024 (20 minute delay) ? |
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BRU (ASX) Chart |
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