BURU Should be trading above two bucks.
But years of poor oil field operations (victory 1 was complete amateur job), utter failure to defining Ungani oil field size and stopping of long term testing of the two tight gas wells.
Means the company is trading at 20 cents and unloved.
The upside quite rightly is still huge.
But the market is saying the current team can't deliver.
Hence a bid at 28 cents will probably succeed.
As I said before What going to be the catalyst to move the share price up.
There is none!!
Twiggy move on Canning Basin, page-48
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Last
4.6¢ |
Change
-0.002(4.17%) |
Mkt cap ! $35.61M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 4.8¢ | 4.6¢ | $5.164K | 111.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 327500 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 189216 | 1 |
View Market Depth
| Last trade - 13.48pm 07/11/2024 (20 minute delay) ? |
| BRU (ASX) Chart |