Marc,
BUR has no intention of diluting more, and in 6 Months may have another $3mil - $4mil in its bank account from gas sales.
Are you telling me you are only just learning that buying small specs is risky?
If you dont like risk, why are you not sticking to under valued blue chips and just riding the corrections?
Buying high risk stocks and constantly going "what if this, what if that" to me is no different to a little school girl going on a giant roller coaster and screaming out of fear of falling off.
You buy high risk stocks for big rewards, I dont know how much you have in BUR, but if its a lot maybe you should contact Mike Sandy and ask some questions. Then you can post the information your sourced instead of speculating on negatives. His contact details are on the ann's.
The way I see it, the gas in ground and the cash in the back, and money owed from past 2 months is far more than the market cap size. So BUR is very under valued.
Cheers,
Marc,BUR has no intention of diluting more, and in 6 Months may...
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Last
14.0¢ |
Change
-0.010(6.67%) |
Mkt cap ! $21.05M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.0¢ | $10.26K | 69.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 25723 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 50000 | 1 |
View Market Depth
| Last trade - 10.11am 05/07/2024 (20 minute delay) ? |
| BUR (ASX) Chart |