BRU
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5.56% 8.5¢ buru energy limited

good news.. only 16.6M shares so bugger all dilution at the end...

  1. ezirida
    6,347 Posts.
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    14/06/12
    18:07
    Post #: 10305468
    good news.. only 16.6M shares so bugger all dilution at the end of the day

    agree with another poster that it is a staggeringly good effort to raise $50M without rasing a sweat.. in the current global turmoil..

    the fact that everyday holders are excluded in this case should not be too much of a concern.. due to the fact that the cash raised only represents 7.1% of market cap..

    well done BRU
    BRU Price at posting: $3.21 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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