With Oil on the move up this company is in a prime position to fly

New Buy Entry Alert BRU

Time Frame : Weekly/Daily

Sector : Energy, Oil & Gas

Key Stats : $166.33 Million Market Cap, VWAP 0.38, Recently agreed to sell 50% interest in Ungani Production Licences for cash payment of $64Mil (Refer ASX release 21/5/18).


BRU – Buru Energy Limited

BRU has recently had a nice kick up but is hovering around the highs as buyers take a breather. We are now watching for a minor pullback to bring in further buying to build the higher low and buy entry setup.


Stock Code : BRU – Buru Energy Limited

Company Website : www.buruenergy.com

Current Price : 0.385

Status : On watch for buy entry trigger