BRK 0.00% 1.1¢ brookside energy limited

Ann: Brookside Increases Anadarko Basin Holdings by 30%, page-35

  1. 27,490 Posts.
    lightbulb Created with Sketch. 3258
    exactly Paul, i'm not here to down ramp, but to address my retail concerns, if that helps them to clarify the strategy, so that the path ahead can be seen.

    unlocking value ? is about demonstrating the path to bring return to BRK holders. Value is monetary, but value per share considers the dilution along the way.

    Any re-rate , needs both a credible vehicle, and transparent communication. AT the end of the day, dilution , how many times do we stop for fuel, to get to the destination.

    There is often too much spin generally speaking to the promised land, on any ASX stock. And few get there.

    So the issue of any spec stock, if it holds a genuine, then is transparency, and addressing those -
    not only "Can we get there" (at the expense of dilution)
    But How and when do we get there, given that the fuel tanks need refueling.

    How do they sell a piecemeal of the pie ?
    When are we likely to need to participate in wells 2/3 of block.?
    It is the small interests in non operator blocks that makes this clouded.
 
watchlist Created with Sketch. Add BRK (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $52.50M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $691.0K 62.98M

Buyers (Bids)

No. Vol. Price($)
64 34244392 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 19538274 10
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
BRK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.