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9.8¢ 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 9.8¢		Change 0.000(0.00%)		Mkt cap ! $65.12M

Open	High	Low	Value	Volume
9.8¢	9.8¢	9.7¢	$30.38K	312.9K

Buyers (Bids)

No.	Vol.	Price($)
1	11000	9.7¢

Sellers (Offers)

Price($)	Vol.	No.
9.8¢	52752	2

View Market Depth

No.	Vol.	Price($)
1	11000	0.097
3	180625	0.096
2	60526	0.095
1	100000	0.094
2	11300	0.091

Price($)	Vol.	No.
0.098	52752	2
0.099	72695	1
0.100	278714	1
0.105	392137	5
0.110	218999	4

Last trade - 16.10pm 02/05/2024 (20 minute delay)


Last 9.7¢			Change 0.000 ( 1.02 %)
Open	High		Low	Volume
9.7¢	9.7¢		9.6¢	82524
Last updated 14.29pm 02/05/2024 ?

BRU (ASX) Chart