Perhaps then the real issue is there is no new investors lining up? This comes back to the issue of Broker support.
I can only say how I feel, and right now I don't feel the need to buy more shares since I already hold (at a loss). I've topped up at numerous levels and shorters have continued to break the back of resistance at every level I have chosen to top up.
I become a little more apprehensive to dip my toes in each time, and I think shorters finally broken my will to buy more without second guessing my decision.
Perhaps retail holders such as myself have simply lost interest here which has allowed shorters the freedom to obtain a strangle hold on the SP and shake out short term holders for a few months.
My 'The price is good today, but maybe I'll get a better price tomorrow' mentality seems to sum up Buru right now.
I think I'd have to see $1.30's again before I really considered buying a few more, since I am already overweight in this as is.
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Last
7.9¢ |
Change
-0.003(3.66%) |
Mkt cap ! $53.03M |
Open | High | Low | Value | Volume |
8.3¢ | 8.3¢ | 7.9¢ | $1.195K | 14.52K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 99749 | 7.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.4¢ | 49000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 99749 | 0.079 |
4 | 43914 | 0.078 |
1 | 6700 | 0.076 |
4 | 81333 | 0.075 |
1 | 4000 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 49000 | 1 |
0.085 | 50000 | 1 |
0.087 | 127000 | 1 |
0.089 | 6236 | 1 |
0.090 | 465966 | 1 |
Last trade - 15.59pm 12/07/2024 (20 minute delay) ? |
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BRU (ASX) Chart |