Call me cynical, but there was a major reduction in the SHORT position immediately following the recent placement by BRU to Deutsche. I think it is time for the ASIC/ASX to review placements by companies to Institutions at a discount to the market, when ordinary shareholders miss out. BRU do have an SPP open at the same price, but let's face it, because it has been capped at $5 million, the small punter is likely to be scaled back 2/3rds or more of application.
....I was assuming the SHORTS would ALL have to be covered via the market, I COULD BE WRONG, but this new CEO would appear to have given some of the shorts a cheap way out, although he may not have been aware he was presenting the market killers with a gift. I'm sure that would not have been something Eric would have agreed to easily, given his shareholding.
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Last
8.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.06M |
Open | High | Low | Value | Volume |
8.5¢ | 8.5¢ | 8.5¢ | $2.386K | 28.07K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 8.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 134579 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.086 |
2 | 19469 | 0.085 |
1 | 62478 | 0.084 |
2 | 16401 | 0.083 |
3 | 114703 | 0.082 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 134579 | 2 |
0.090 | 200000 | 2 |
0.094 | 140000 | 2 |
0.100 | 227653 | 2 |
0.110 | 48000 | 1 |
Last trade - 10.00am 23/07/2024 (20 minute delay) ? |
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BRU (ASX) Chart |