BRU 3.75% 7.7¢ buru energy limited

buru chart, page-72

  1. 2,942 Posts.
    lightbulb Created with Sketch. 29
    I'll try to confuse more. The company needs to progress. tTe share price had been dropping from its high down to a low of $1.18 recently. Doing this placement during the price decline would have been at a far lower price and would have fell hard.
    Now this is just my opinion........the share price has been rising,
    1)this was a better time to put this placement in motion
    2) I don't think they expected share price to stop before news broke sub $2
    3) charts peaked early indicating a down trend developing.

    Now I think the work will be good for oil production.....however...... There is significantly more oil around now , price per barrel will go down in future ...so BURU getting in now with funding and production will be a bonus.

    Hey but this is just from my thoughts.
    CONFUSED
    ( I just put confused in my nick for fun I'm not really confused)

    Cheers
 
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7.7¢
Change
-0.003(3.75%)
Mkt cap ! $51.69M
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8.0¢ 8.0¢ 7.7¢ $16.98K 220.1K

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1 7276 7.8¢
 

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Price($) Vol. No.
8.1¢ 10000 1
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