BRU 0.00% 8.0¢ buru energy limited

Ann: Share Purchase Plan Offer Closing Friday 8 December 2023, page-74

  1. 575 Posts.
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    Quite a few selling into 11.5c, obviously thinking no news is bad news and they can buy back below the spp price. I am baffled by this whole CR process. Why did they do it before the 3d news, and not ride the H2 wave a bit further? Why did instos and sophs buy in, presuming they had no information not already available to the market? Is there method in the madness? I bought in the last CR at 15, one of the few it seems. Not sure if I will with this one, I'm pretty well set. I am sure BRU has a stellar future, but short term something isn't adding up. IMHO.
 
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