They somehow think that BRU holders will be interested in a company that will have no drilling activity for at least another year and that have somehow managed to do even less than BRU for the past couple of years (a major accomplishment given Buru's two years of delayed, dropped and deferred drilling programs) at a time when BRU holders are finally seeing some light at the end of the tunnel with only a 3 month wait for their long awaited activity and less if they get the smaller conventional stuff announced more recently happening first.
There is certainly an investment case for OBL at half a cent. If they get the whole block and get a farm out this year there could be a good little uptick given it's almost out of breath at a $5M MC. But it's also a bad environment to be looking for a farm in now with $50 oil and they aren't exactly conserving money.
I'd assume any BRU holders with money to spare are more interested in a company that's actually funded and drilling and with their own tempting low price that has shown it can rocket up too.
I'm actually a little annoyed at the this function on the new HC. You weren't supposed to cross promote previously but now there is a function that forces cross promotion that we can't opt out of. We have enough speculation as it is, we don't need OBL holder's even more rabidly desperate grasping at straws too. And the poor BMY guys have to see both of our discussion now too.
- Forums
- ASX - By Stock
- Time to get interested
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EMP (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.312M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.1¢ | $14.53K | 681.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 968848 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 - 10.35am 07/11/2024 (20 minute delay) ? |
EMP (ASX) Chart |