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8.4¢ buru energy limited

Ann: Notice of AGM and Proxy Form, page-6

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h00ts

46,577 Posts.

8716

20/04/23

16:48

Post #: 67381168
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Originally posted by occam ↑

I agree. No for Eric. No for the potential ten percent raise. Eric is well passed his used by date . Any cap raise needs to be fully justified at the time.

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Originally posted by CEOChair ↑

Echo the sentiment. Eric owes holders an explanation or the appearance of dubious timing will haunt any future raise. If there was an option where I could vote against additional placement capacity in the form of an SPP or sophs only CR, I certainly would… I doubt such an effort would either succeed any better than the last effort or raise a worthwhile amount for significant dilution, so completely pointless IMO. But I would vote for leaving open the option of a 25% strategic placement at a premium to a partner as part of a long term deal to fund Rafa and block any other lo-ball t/o. But I don’t do the questions…

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Originally posted by occam ↑

I agree. No for Eric. No for the potential ten percent raise. Eric is well passed his used by date . Any cap raise needs to be fully justified at the time.

Expand

BRU Price at posting: 10.0¢ Sentiment: None Disclosure: Not Held
4 Upvote

2 Great analysis

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(20min delay)
Last 8.4¢		Change 0.001(1.20%)		Mkt cap ! $57.06M

Open	High	Low	Value	Volume
8.7¢	8.7¢	8.2¢	$177.7K	2.097M

Buyers (Bids)

No.	Vol.	Price($)
2	51362	8.4¢

Sellers (Offers)

Price($)	Vol.	No.
8.6¢	255781	2

View Market Depth

No.	Vol.	Price($)
2	1454	0.083
1	29170	0.082
4	41632	0.081
3	470000	0.080
1	8000	0.065

Price($)	Vol.	No.
0.085	35588	1
0.086	255781	2
0.087	383246	3
0.088	1048069	2
0.089	6237	1

Last trade - 15.17pm 26/06/2024 (20 minute delay)

BRU (ASX) Chart