BRU
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3.80% 8.2¢ buru energy limited

trading halt - acquisition & capital raising, page-3

  1. Bigpete
    166 Posts.
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    26/09/12
    09:45
    Post #: 10771717
    The trading halt explains the large short positions of late which has controlled the share price to a certain level. Accumulation may have been taking place. Pushing the share price down then accummulating a position.

    There has been a good discussion and theories on shorting and why traders do this on the "charts" thread. This threads sums up the position in respect to BRU IMO. Details are here:

    http://hotcopper.com.au/post_single.asp?fid=307&tid=1838719&msgid=10716810

    BRU Price at posting: $2.85 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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Last
8.2¢ 		Change
0.003(3.80%) 		Mkt cap ! $55.05M
Open High Low Value Volume
8.1¢ 8.2¢ 8.0¢ $42.55K 519.6K

Buyers (Bids)

No. Vol. Price($)
2 460000 8.0¢
 

Sellers (Offers)

Price($) Vol. No.
8.3¢ 20000 1
View Market Depth
Last trade - 15.19pm 18/07/2024 (20 minute delay) ?
BRU (ASX) Chart
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