I think people need to relax a little, and give DP & BM the time they need to get BRK up and running. Everyone currently invested in BRK 'should' know their business model, so they 'should' understand how important it is to get the acreage HBP. That is priority #1. I have no doubt that as each well comes online, the SP will appreciate accordingly. #2 priority which I believe the real re-rate will occur from, will be the ability to accrue substantially more acreage, as this will provide the company with it's future growth.
All of this takes time, especially when supposed partners (SHE) pull out of their substantial investment last minute. People complain about the CR (which was too generous with the options) but in reality should be praising DP for being able to raise the money to allow BRK to drill Rangers, before the December deadline where we would of lost the acreage. Thinking the free options are what has caused the current SP movement is a bit far fetched, as the 160M odd options from the CR was only 1/10 of all options on issue... I do believe that there is an element of manipulation between the heads and options, but from what I've seen, that will happen in most small caps.
People just need to stay the course, and have a little faith in DP & BM, and allow them the time needed to fulfil the points above. If they are able to achieve this, shareholders will be greatly rewarded for their time and patience.
If people have lost that faith, then they should probably move on to the next high risk investment that gives them a better sleep at night....
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.72M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $51.87K | 4.967M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 13259338 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 36316610 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 13259338 | 0.010 |
35 | 27262114 | 0.009 |
16 | 3979210 | 0.008 |
6 | 3507000 | 0.007 |
5 | 6585000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 36316610 | 23 |
0.012 | 14941476 | 27 |
0.013 | 22372569 | 21 |
0.014 | 11805309 | 15 |
0.015 | 5549920 | 11 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
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