BRK 14.4% 51.5¢ brookside energy limited

Banter and General Comments .. BRK, page-11961

  1. 2,860 Posts.
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    Not sure how hard other people look but it’s pretty hard to find cashflow positive companies on the ASX with a 50 mil Mc, there’s a few but it’s rare, their mostly maby going to make money sometime in the future, most of them don’t, ( that’s why their in the market to begin with) and even the ones that get revenue it’s not enough so it’s endless cr’s , this is pretty much guaranteed good returns unless something from left field pops up, with the possibility of other future aquisitions to grow the company further, I can see what others are saying and agree if this was p/e 6 or more I wouldn’t have as much in it and be more cautious but the price it is now looks crazy considering the massive multiples people pay for other small caps that probably won’t ever make a dollar.
 
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