BRU 2.86% 6.8¢ buru energy limited

lack of comment on todays notice , page-16

  1. 252 Posts.
    Sorry to intrude in your conversation with occam.

    But in business sometimes it makes a lot of sense.
    Depending on the business needs.
    Having a portolio with a nice profit means nothing like having hard cash in an account to do with what you want.
    You might need the solid cash to transfer into something else. Another business or cost center. Who knows. There could be millions of reasons.
    I've sold assets/stocks many times before the financial year to juggle financial business needs. Sometimes you just have to do it, even if you don't want to.

    All of us will one day need to sell our shares or borrow against them for real money in the bank to purchase or pay for something in the future.


 
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