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2.60% 7.9¢ buru energy limited

Ann: Rights Issue to Fund Accelerated Development of Ungani, page-38

  1. h00ts
    46,680 Posts.
    lightbulb Created with Sketch. 8804
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    01/08/17
    12:07
    Post #: 26212791
    Why is there a presumption Eric will take up his entitlement ? the % numbers match Coogee and Chemco -

    Personally I think it is a big risk not having any potential shortfall underwritten - It appears a lot of retail holders are selling today to take up their entitlement locking in a certain 3c profit .
    Last edited by h00ts: 01/08/17
    BRU Price at posting: 17.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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