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0.00% 4.0¢ bulletin resources limited

Looks to me like the recent selling has been cleverly...

  1. taboud
    23 Posts.
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    05/03/13
    15:42
    Post #: 11499722
    Looks to me like the recent selling has been cleverly calculated.

    After todays trades, 10 day VWAP has been pushed down to around 5.3c.

    Directors still have discretion to place the remaining 12.3m shares from the placement shortfall.

    A 5c price will represent a "minor" discount of 6.98% to the 10 day VWAP.

    On the plus side if successful it will raise over $600k and hopefully is the last speed hump before financing is announced.

    Short term pain for long term gain

    BNR Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
4.0¢ 		Change
0.000(0.00%) 		Mkt cap ! $12.33M
Open High Low Value Volume
4.0¢ 4.0¢ 3.9¢ $22.21K 557.8K

Buyers (Bids)

No. Vol. Price($)
1 67970 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 148251 1
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Last trade - 14.31pm 29/11/2024 (20 minute delay) ?
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