BRU buru energy limited

Not Buru - More like BooHoo!, page-9

  1. 656 Posts.
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    CEOc Before we start, If i have somehow offended you, i apologise! (I'm only encouraging debate in the stock, while trying to get an understanding as to how others view Buru going forward)

    Next - I have been a holder of Buru since Dec 2011 @ $1.22 of which I sold out of at $3.16

    I have been trading in and out over the years since then (not going short once) while also having a core holding.
    These last few years i have been constantly accumulating stock and now have a reasonable amount of cash invested, I am a believer in the stock, the management and the onshore canning basin as a large oil discovery location! (no masquerading shareholder here, its actually the total opposite)

    I have also traded and held REY as a leverage into the same ground (No short position, Buying 5.8c and Selling 10.5c) with no current REY holdings

    I know old drillers that have drilled inland Broome back in the day, and they say there is oil thru that area, its just a matter of finding it and which company will find it?

    The world Oil Price and the Trend has been agains me lately (I know let the trend be your friend, i've stuffed up on this one at the moment, you could say I fell in love with the stock, its happened to all of us a few times i think!)

    With the current economic environment as it is, the chances of this stock going lower is highly probable is all I'm saying, I have not given up on Buru by any means and will be looking to purchase more somewhere under 20c

    A bottom in the oil price should by rights be the bottom for BRU, unless there is financial difficulty, or the company find zero oil from this point?

    So far its Dejavu - This reminds me of the old Norwest energy days, a lot of people got torched!!!

    I hope this satisfies you as to my intentions, lets Control-Alt-Delete and start fresh, we are fellow BRU holders, and on the same team right?

    thanks Jack
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(20min delay)
Last
2.3¢
Change
0.000(0.00%)
Mkt cap ! $17.92M
Open High Low Value Volume
2.2¢ 2.3¢ 2.2¢ $34.81K 1.551M

Buyers (Bids)

No. Vol. Price($)
13 3131458 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 101574 1
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Last trade - 16.10pm 23/07/2025 (20 minute delay) ?
BRU (ASX) Chart
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