BRU 5.38% 9.8¢ buru energy limited

Hmnn ? very interesting shenanigans going on with the shorts -...

  1. 46,492 Posts.
    lightbulb Created with Sketch. 8647
    Hmnn ? very interesting shenanigans going on with the shorts - Plenty of takers at $2.75 in the recent placement and also a large buyer was also happy to take the 10m of NSE at that price ?

    What "unknown " black swan could be in the wind that would warrant this level of shorting ? I cant think of any ? and the Ugani North results were not bad enough to tank the price from $3.20 to sub $2.50 ( IMO )

    So the low ball take over theory is certainly worth a run up the flagpole.

    Chart doesn't look flash and normally I dont like bottom fishing but stuck my toe in for another 20000 BRUKOD this morning - I will look to average down if we test $2.30 again.

    Hoot
 
watchlist Created with Sketch. Add BRU (ASX) to my watchlist
(20min delay)
Last
9.8¢
Change
0.005(5.38%)
Mkt cap ! $65.79M
Open High Low Value Volume
9.2¢ 10.0¢ 9.2¢ $90.67K 929.2K

Buyers (Bids)

No. Vol. Price($)
1 8000 9.4¢
 

Sellers (Offers)

Price($) Vol. No.
9.8¢ 97298 1
View Market Depth
Last trade - 15.43pm 14/05/2024 (20 minute delay) ?
Last
9.8¢
  Change
0.005 ( 3.16 %)
Open High Low Volume
9.7¢ 9.9¢ 9.5¢ 208918
Last updated 15.40pm 14/05/2024 ?
BRU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.