BRU 2.17% 4.5¢ buru energy limited

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  1. 5,254 Posts.
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    Doto,
    You are right . The suggestion is frivolous to say the least..
    I doubt whether BRU is looking at a cap raising .
    In any event it is in the interests of the underwriter to have a high sp so they raise more money and get a higher fee.
    Sorry to say Doto, we now have a special interest group of posters who see conspiracies and take-overs behind every tree.
    We are at a stage where there are a few weeks before any announcements are made. During this time there will always be sellers and the price will drift. I think there will be a big rebound when results start coming in again.
    The fundamentals remain unchanged and this is simply an opportunity to accumulate.
 
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4.8¢ 409464 2
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