BRK 8.33% 1.3¢ brookside energy limited

Ann: Update - Notification of buy-back - BRK, page-66

  1. 1,893 Posts.
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    If they made it clear what intentions they have for that extra 2 million dollars I'd be more supportive. I was more ready to pay 1.6c per share when it was held at 1.5 than i am buying at 1.3c with them buying at 1.1.

    I'm also more aware than ever that hundreds of millions of shares are in the hands of people who can sell those hundreds of millions of shares at 1.5c or lower for a very decent profit. Once again those who supported the CR's and the company when we weren't profitable are now substantially further from profiting themselves.

    So yeah, that 2 million made by a now profitable company helping those who made the company profitable in the first place sounds more than fair, especially since there is currently no current plan to address the diminished shareholder value.
    Last edited by FameLuck: 21/07/23
 
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