A 15% placement (90m shares) to Coogee would take them to 19%
BRU has $18m cash so this would add $13 m - so at $31 m
good but not enough for 2024 budget
Perhaps a “loan” or prefunding methanol project $50m
Then 2024 funded for two wells >> no dilution at project level
Also heads off early takeunder at massive discount
All guesswork - lets see
A 15% placement (90m shares) to Coogee would take them to 19%BRU...
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 (20min delay)
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Last
9.6¢ |
Change
0.001(1.05%) |
Mkt cap ! $64.44M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 9.6¢ | 9.0¢ | $58.54K | 641.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 9.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.6¢ | 7967 | 1 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
9.3¢ |
Change
0.001 ( 2.11 %) |
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| Open | High | Low | Volume | ||
| 9.2¢ | 9.4¢ | 9.0¢ | 169687 | ||
| Last updated 15.58pm 21/05/2024 ? | |||||
| BRU (ASX) Chart |