BRU 1.25% 7.9¢ buru energy limited

Ann: Trading Halt, page-40

  1. 299 Posts.
    lightbulb Created with Sketch. 146
    There a few good reasons it will be a strategic partner at a premium. And hopefully comes with an MoU/right of first refusal to the broader partnership.

    but then there is the whole history of Buru stuffing me over for years (especially Eric’s parting middle finger $0.16 raise last year) which says otherwise.

    I reckon best case is a strategic stake $10m at $0.11, plus SPP for a few mill, with them knowing the seismic and TO agreements/H2 spinoff plans will come out during the SPP period and reward faithful shareholders with a solid discount.

    wouldn't be surprised however to see just a placement at $0.10 and we get the raw prawn.
 
watchlist Created with Sketch. Add BRU (ASX) to my watchlist
(20min delay)
Last
7.9¢
Change
-0.001(1.25%)
Mkt cap ! $53.03M
Open High Low Value Volume
8.1¢ 8.1¢ 7.9¢ $24.96K 309.8K

Buyers (Bids)

No. Vol. Price($)
3 158980 7.9¢
 

Sellers (Offers)

Price($) Vol. No.
8.4¢ 49000 1
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
BRU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.