Great presentation and recap of what's expected.There are...

Great presentation and recap of what's expected.

There are generally 2 reasons why a company put up a presentaiton:

1. Capital Raising. In most cases this is likely to be the case as seen across small/mid/large caps, more so in small caps. However BRU seems to be spilling out the good stories in media release/interviews/presentation, so hopefully this is not the case. The company did advise they have $$ to last till end of the year so we shall see.

2. Possible road show to more potential retail/insto.

Scenario 1 will see SP drop in anticipation - hence SP drop today reflects this.

Scneario 2 will see SP rise once more ppl get on board.

This stock has been shorted for a while, reminded me of takeovers from last few years when big boys pushed down the price of various stocks and put in a low ball offer. BRU is my best conv/unconv play and it has too much potential.


cheers
pcyc