BRU
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5.88% 8.0¢ buru energy limited

OBL just basically got gobbled up by REY (99% Chinese owned). A...

  1. speculator101
    11,809 Posts.
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    20/10/16
    09:55
    Post #: 19990169
    OBL just basically got gobbled up by REY (99% Chinese owned).
    A shame really, as I imagine they are buying it for peanuts.
    I wonder if there is any wiggle room and BRU can buy it out?

    Although I wonder if they would want to anyway, as its so close to Derby...

    REY to buy last 50% of Derby block
    BRU Price at posting: 21.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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