BRU 1.25% 7.9¢ buru energy limited

Ann: Buru awards pre-FEED study for Rafael Phase 1 Project, page-21

  1. 101 Posts.
    lightbulb Created with Sketch. 303
    New buyers are going to run out of time. Sensible deal metrics point to new player earning 25% for funding carry in 3 wells (RAF 2 stepout, RAF South , RAF Downdip (to tag oil leg) and wedge of cash. Total deal value??? $100 m ??? $50m drill carry , $50 m cash. Implied valuation then 50cps >> (75% of 400= 300/600) Unfortunately stock doesn’t perform till drilling starts, goes berserk when 3 for 3 …
 
watchlist Created with Sketch. Add BRU (ASX) to my watchlist
(20min delay)
Last
7.9¢
Change
-0.001(1.25%)
Mkt cap ! $53.03M
Open High Low Value Volume
8.1¢ 8.1¢ 7.9¢ $24.96K 309.8K

Buyers (Bids)

No. Vol. Price($)
3 158980 7.9¢
 

Sellers (Offers)

Price($) Vol. No.
8.4¢ 49000 1
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
BRU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.