BRU
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3.41% 9.1¢ buru energy limited

Ann: Rafael 3D Seismic Survey Early Insights Update, page-63

  1. godzilla888
    109 Posts.
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    22/12/23
    00:52
    Post #: 71580093
    Think you’re right - opportunistic bidder probably needs to go at $1.00/share to get boards attention, then probably compete up to $2.00 to win it. So difficult to pull off a low ball right now. So then they turn focus on winning partner selection - meet the company ask then add a sweetener? But then sore loser on farm-out launches disruption bid and derails whole process… back to square 1
    BRU Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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