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1.43%

6.9¢ buru energy limited

Ann: Buru on track for commencement of drilling program, page-48

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stockle_andrew

2,672 Posts.

483

17/05/21

15:21

Post #: 53225814
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Originally posted by occam: ↑

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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Always possible to get a sniff in the Grant though Praslin had no indications until the target.

BRU Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.9¢		Change -0.001(1.43%)		Mkt cap ! $53.42M

Open	High	Low	Value	Volume
7.0¢	7.0¢	6.6¢	$27.66K	402.1K

Buyers (Bids)

No.	Vol.	Price($)
3	214759	6.6¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	207937	2

View Market Depth

No.	Vol.	Price($)
3	214759	0.066
2	41250	0.064
1	10000	0.063
5	107274	0.062
1	10000	0.061

Price($)	Vol.	No.
0.069	207937	2
0.070	100000	1
0.071	35701	3
0.072	238215	5
0.073	7000	1

Last trade - 16.10pm 15/10/2024 (20 minute delay)

BRU (ASX) Chart

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