Everyone is comparing Bru to Obl. Yes this needs to be DONE PROPERLY.
OBL
1. OBL will have 25% or 37.5% of Derby block
2. OBL are fully fund
3. OBL market cap is 9 million
BRU
1. BRU have 50% just below Derby Block
2. Will need further funding soon
3. BRU market cap is 360 million
So this discussion about where is share price going is nuts.
1. Either BRU is massively overpriced or OBL is massively underpriced.
2. OBL needs to market the above to new shareholders. This message is not being marketed by management to brokers, social media, etc .
It is time bucket loads of shares are traded each day. At least 20 million shares at these levels need to be traded every day. When one new shareholder jumps on he will tell another 3 people. So management need to get this company new shareholders and not announcements going to existing shareholders. To make in roads into the share price we need new shareholders and volume.
To me this is an issue and needs to be addressed.
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Everyone is comparing Bru to Obl. Yes this needs to be DONE...
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.312M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 566666 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 683870 | 0.003 |
19 | 25757561 | 0.002 |
15 | 18215015 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 11012939 | 22 |
0.005 | 5224950 | 6 |
0.006 | 9926666 | 4 |
0.007 | 7845449 | 7 |
0.008 | 3646766 | 2 |
Last trade - 10.02am 08/11/2024 (20 minute delay) ? |
EMP (ASX) Chart |
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