Hi everyone
I have held burl for quite a while now, and cannot fathom why they trade so low.
Watching the depth on Commsec you can see a large order at 15.5 and on the sell side it is quite heavy just above the trade.
Why!!!
They are earning good cash already, they are about to bring on stream a very lucrative earner and they are busy drilling more.
What gives!!!! I watch plenty of stock that are pure hyped potential earning nothing and they are trading with far higher capitalisation.
I can't work this one out - the thought that keeps ringing in my head and stopping me buying more is the old adage:
if it sounds "too good to be true" it probably is
What gives: Any thoughts would be greatly appreciated
strange stock
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 (20min delay)
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Last
5.1¢ |
Change
-0.006(10.5%) |
Mkt cap ! $6.649M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 5.8¢ | 5.1¢ | $13.72K | 256.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39494 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 7081 | 1 |
View Market Depth
| Last trade - 15.59pm 03/05/2024 (20 minute delay) ? |
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Last
5.2¢ |
Change
-0.006 ( 7.14 %) |
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| Open | High | Low | Volume | ||
| 5.8¢ | 5.8¢ | 5.2¢ | 150144 | ||
| Last updated 14.55pm 03/05/2024 ? | |||||
| BUR (ASX) Chart |