BRK 8.33% 1.3¢ brookside energy limited

Banter and General Comments .. BRK, page-1748

  1. 1,306 Posts.
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    Yesterday, I rang BRK and spoke to DP.

    Without giving too much away of our private conversation, I don't think he would mind me detailing some of the answers he gave to some of my questions for others.

    I asked about the capital raise, which he answered that they only gave away 8% of the total SOI, when normally other companies raise at 25% of SOI, so thinks people may be reading too much into this.

    I asked about the recent share price decline, but doesn't think it's insto's at all, as he watches this closely (as he should). Although a little frustrating, he thinks it's just retail investors that may expect the share price to rocket on the news they have released but because it didn't, they sell out looking for other stocks that they think will react more favorably for them.

    He's very comfortable with what is happening there right now, in fact he's extremely happy, and not too concerned at all about the share price. Medium and long term investors will benefit.

    Ranger is well and truly on schedule, will be drilling definitely this side of xmas.

    Overall, I appreciate the conversation I had with him, and DP was very generous with the time he gave me, and I certainly left (as a medium - long term investor) feeling very comfortable where everything is at.

    I personally was also getting frustrated with the share price drop (I bought in around 0.03), and especially after such good news but lot's still to happen, and I'm looking forward to seeing where the share price will be early next year (which is not that far away).

    Patience is the key

    GLTAH !!
 
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