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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Last
8.5¢ |
Change
-0.001(1.16%) |
Mkt cap ! $57.06M |
Open | High | Low | Value | Volume |
8.5¢ | 8.5¢ | 8.5¢ | $8.432K | 99.19K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 206000 | 8.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.6¢ | 112361 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 206000 | 0.082 |
2 | 58000 | 0.081 |
1 | 100000 | 0.080 |
2 | 50000 | 0.077 |
1 | 10000 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.086 | 112361 | 2 |
0.088 | 6236 | 1 |
0.089 | 157022 | 2 |
0.090 | 116000 | 3 |
0.094 | 30000 | 1 |
Last trade - 15.45pm 02/08/2024 (20 minute delay) ? |
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BRU (ASX) Chart |