Great presentation and recap of what's expected.
There are generally 2 reasons why a company put up a presentaiton:
1. Capital Raising. In most cases this is likely to be the case as seen across small/mid/large caps, more so in small caps. However BRU seems to be spilling out the good stories in media release/interviews/presentation, so hopefully this is not the case. The company did advise they have $$ to last till end of the year so we shall see.
2. Possible road show to more potential retail/insto.
Scenario 1 will see SP drop in anticipation - hence SP drop today reflects this.
Scneario 2 will see SP rise once more ppl get on board.
This stock has been shorted for a while, reminded me of takeovers from last few years when big boys pushed down the price of various stocks and put in a low ball offer. BRU is my best conv/unconv play and it has too much potential.
cheers
pcyc
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8.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.06M |
Open | High | Low | Value | Volume |
8.5¢ | 8.5¢ | 8.4¢ | $14.88K | 175.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 55000 | 8.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.7¢ | 70000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 55000 | 0.082 |
2 | 148000 | 0.081 |
3 | 450000 | 0.080 |
2 | 50000 | 0.077 |
1 | 65000 | 0.076 |
Price($) | Vol. | No. |
---|---|---|
0.087 | 70000 | 1 |
0.089 | 157022 | 2 |
0.090 | 306000 | 4 |
0.094 | 90000 | 2 |
0.100 | 327653 | 3 |
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