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4.17%

12.5¢ buru energy limited

I bow to your long experience on this, I am not qualified to...

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Shares2own

874 Posts.

258

06/07/22

13:59

Post #: 62400871
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Originally posted by sinkers: ↑

As were many of us shareholders S2O. However, why would Eric ever do that and take away the company's flexibility. While I want the shortfall shares to lapse, I'd lose all faith in Eric if he did something as silly as announcing that the company would not issue those shares. That overhang may be a key consideration preventing an opportunistic takeover attempt from being launched at this very moment - and every day gets us closer to testing. While I was really disappointed with Eric not taking up any shares, I've gotten over it. He's still got somewhere in the vicinity of 20 mil doesn't he? To suggest he's not working on growing the share price/company just doesn't make sense. I also do think Eric's may be having a bit of a dust up with ORG, but my respect for Eric has only grown from his handling of this (particularly if they're trying to low-ball us on Yulleroo). Eventually ORG has to do something as otherwise, as other posters have mentioned, a claim of breach of the JV agreement for bad faith will eventually arise.

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I bow to your long experience on this, I am not qualified to comment on anything other than the last year.

The extra funds may be the difference as to forcing ORG's hand.

BRU Price at posting: 13.5¢ Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last 12.5¢		Change 0.005(4.17%)		Mkt cap ! $83.91M

Open	High	Low	Value	Volume
12.0¢	12.5¢	11.8¢	$50.05K	418.3K

Buyers (Bids)

No.	Vol.	Price($)
4	173054	11.5¢

Sellers (Offers)

Price($)	Vol.	No.
12.5¢	244942	2

View Market Depth

No.	Vol.	Price($)
4	173054	0.115
8	822818	0.110
12	501000	0.105
5	151621	0.100
1	60000	0.095

Price($)	Vol.	No.
0.125	244942	2
0.130	409961	6
0.135	410331	3
0.140	5000	1
0.145	40000	1

Last trade - 16.10pm 18/04/2024 (20 minute delay)


Last 12.0¢			Change 0.005 ( 4.35 %)
Open	High		Low	Volume
11.5¢	12.5¢		11.5¢	75062
Last updated 15.55pm 18/04/2024 ?

BRU (ASX) Chart