Short Term Trading Week Starting: 8th May, page-136

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    STTCOMP BNR, FA Long
    Bulletin Resources
    SOI - 179Mill
    SP - 0.036c
    MC - $6.5 Mill
    Cash and investments -$5.87 Mill

    BNR is a listed shell looking for a new project after selling their Nicholons mine to PNR for cash and shares.
    Now trading close to cash/investments backing BNR have thus far looked over numerous projects but have so far passed on them all.
    Cheap shell with an EV of $600k so a decent project could see this run hard but will need a project soon to comply with ASX listing rules so not for the faint hearted.
 
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