BRU
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2.94% 6.6¢ buru energy limited

sell down, page-18

  1. PeterPlus
    905 Posts.
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    29/03/12
    09:45
    Post #: 9910656
    I think that BRU is experiencing a similar situation to the Beach one.

    A possible supporter of a new issue has borrowed BRU shares and is shorting BRU in order that the new issue is at a lower price.

    Dont be surprised if the shorter is also the underwriter of the new issue.
    BRU Price at posting: $3.30 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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6.6¢ 		Change
-0.002(2.94%) 		Mkt cap ! $51.10M
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6.8¢ 6.8¢ 6.5¢ $95.05K 1.443M

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1 6284 6.5¢
 

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Price($) Vol. No.
6.7¢ 907 1
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