BRK 9.09% 1.0¢ brookside energy limited

Ann: Update - Notification of buy-back - BRK, page-32

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  1. 3,277 Posts.
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    Of course not.... there didn't seem to be a point to your post apart from the usual management bagging. That's why I commented that your post and my response were ludicrous.

    However, you put a timeline to it, and I put a time line to highlight the post was mute, as on the day you posted they bought less than 3000 shares 24 hours earlier ( and wrapped that up as evidence of your belief of managerial incompetence ) , they bought ~2 million.

    In addition, as there were ~13million traded on the CXA at 1.5 cents there seem to be people happy to sell at 1.5 c at this stage. So in terms of management doing it's job and paying the least amount possible per share of OUR money in the buy back .... no, they shouldn't just lift the order to 1.6 c to suit the whims of disgruntled shareholders .

    They may choose to do so if they deem it appropriate as per their statement....

    buyback3.PNG


    .....which is the correct course of action , and as the buy back has only been going for just over 1 week, there is no need for reactive, emotional responses by BRK.
 
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