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9.2¢ buru energy limited

I think consolidations usually destroy value. I'd prefer to see...

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beachboy2

535 Posts.

175

08/05/24

11:59

Post #: 73723134
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Originally posted by CEOChair ↑

That’s interesting… usually there’s a motive for doing this kind of thing other than simply cleaning up the registry
eg a dual listing… but that’s not likely here, or perhaps in anticipation of a t/o or a significant investor coming aboard… but what I would like to see and suspect this could be the reason behind it is a 10 for 1 stock split (or similar) so we’re no longer a penny stock - cosmetic, I know, but worthwhile as it attracts certain types of investors regardless of the fact it doesn’t actually change the value of the stock and it also makes it harder for the bots and pip traders to manipulate.

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I think consolidations usually destroy value. I'd prefer to see company add value by hitting some home runs.

BRU Price at posting: 9.5¢ Sentiment: Hold Disclosure: Held
22 Upvote

3 Great analysis

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(20min delay)
Last 9.2¢		Change 0.000(0.00%)		Mkt cap ! $61.76M

Open	High	Low	Value	Volume
9.2¢	9.2¢	9.2¢	$9.66K	105K

Buyers (Bids)

No.	Vol.	Price($)
2	19763	9.1¢

Sellers (Offers)

Price($)	Vol.	No.
9.2¢	34239	3

View Market Depth

No.	Vol.	Price($)
2	19763	0.091
6	187314	0.090
4	262000	0.089
3	140000	0.088
4	74475	0.087

Price($)	Vol.	No.
0.092	35805	4
0.093	70000	1
0.094	99969	3
0.095	50000	1
0.097	183913	2

Last trade - 10.00am 05/06/2024 (20 minute delay)

BRU (ASX) Chart

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