Ann: Update - Notification of buy-back - BRK, page-20

Hit the nail on the head there mate.

I assume we agree that BRK fundamentals are sound ?

IMO one could say this is a " battle" between fundamentals and sentiment, between logic and emotion.

Would one agree that when positive fundamentals and positive sentiment align you typically have an uptrend in the share price, and that when negative fundamentals and negative sentiment align you typically have the reverse?

Why did BNPL turn from a darling to a pariah? Did positive fundamentals turn negative and this then affected the sentiment? Or was it the always negative fundamentals deteriorating, as rising interest rates made it difficult for the market to ignore the continuous and increasing cash losses , thus turning off the CR tap which kept that sector alive? Did the market finally wake up to itself? If AfterPay wasn't taken over when the BNPL market was "hot" , as a stand alone company, would it have suffered a similar fate to ZIP, Sezzel, et al, in terms of a significant fall in the share price?


Looks like the current buy back is improving the BRK fundamentals ( very slightly atm) but having a negative effect on sentiment caused by the perception,( rightly or wrongly ) that it would at least hold the SP at 1.5/1.6 c.

I am talking in longer term timeframes here. When there is a misalignment what is more important, where does the risk lay, what changes more readily, what wins out in the end?

Cheers

Dan