There are some interesting musings on share price in this post but no one seems to have seen the elephent in the room. Its that big grey thing in the corner saying that BUL runs out of cash either this or next quarter. Simple maths of subtracting cash burn from cash reserves. They either get bought out, have a raising, or go broke. The first option may see the share price go up, the second means they will do what they can to pump out some positive news so they can offer at least a part way reasonable price, and the third means we all lose our hard earned underneath the elephant droppings. But at least we will know in the next six months max.
BUL Price at posting:
8.8¢ Sentiment: Hold Disclosure: Held