Buru has been forced to halt drilling at the Ungani North-1 well given a mechanical failure but JP Morgan sees the news as a delay rather than an ongoing issue.
Minor changes to forecasts see the broker retain an Overweight rating. Price target is increased to $4.81 from $4.78.
Target price is $4.81 Current Price is $3.13
jp morgan rates bru as overweight (at 21 aug)
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Last
4.6¢ |
Change
-0.002(4.17%) |
Mkt cap ! $35.61M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 4.8¢ | 4.6¢ | $5.164K | 111.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 327505 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 189216 | 1 |
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| Last trade - 13.48pm 07/11/2024 (20 minute delay) ? |
| BRU (ASX) Chart |