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1.64% 6.0¢ burley minerals ltd

Can we Breakout at .06c ??, page-14

  1. gonegassed
    13,783 Posts.
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    31/03/16
    18:02
    Post #: 17394427
    Why is BUR held down at ..04 again today on close ?

    BUR is doing a 1 for 5 consolidation..then a CR at 2c = .004c today

    After consolidation .. todays .004c = 2c = $24m mcap .

    a 24m mcap at 2c ...post consolidation and Acquisition of its new Mini Satellite Business

    -----------------------------------

    So the real question is ; What is a operational Mini Satellite Business..really Worth ???

    is it ..20m ? 50m ? or 100m ? or More ??
    Last edited by gonegassed: 31/03/16
    BUR Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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