BRU 1.49% 6.8¢ buru energy limited

20.5c was key support level. Given there were buyers at 24c this...

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    20.5c was key support level. Given there were buyers at 24c this week, after which we discovered more oil and sold the ranch, it's disappointing that broke due to temporary shut-in. There's a chance with POO back around $30 overnight and markets rebounding, that normal service will resume, but not going to say I'm that optimistic. If it was one distressed seller, as cujo suggests, that dragged a few others with them, then they will certainly be more distressed looking at POO this morning. Do your best to get this to close at or above 21c, people, if you want to protect your holdings over the next couple of weeks of the late and very short wet season... Oh, on second thoughts, we'll probably hit oil at FW during that period, so that should do the job for us, no need to go out of your way really:


 
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