...possibly, but there are quite a few nice clean shells out there at the moment. Why is the cash needed if the shell is the target? Is BUR close to needing these fund for an acquisition or further drilling? If so, should they not announce this with the cap raise?
The 18,5m volume traded at .003 is positive even though I can't understand it. Any insights or thoughts on this? Why would anyone pay more than .002 with the info we have?
Ann: Capital Raising & Rights Issue, page-6
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.54M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 13.0¢ | $289 | 2.223K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 53326 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 84870 | 1 |
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| Last trade - 10.34am 22/07/2024 (20 minute delay) ? |
| BUR (ASX) Chart |