Timing and the recipients were contributing factors on top of a less than favorable CR.
3 of the top 20 holders (which was controlled/influenced by 1 individual) sold out completely dropping just under 130m shares in about a month. This set the tone for the downward momentum and burnt a lot of retail investors that perhaps were wanting quick returns, this appears to have triggered more selling. This happened at the same time as COP26 (I think that's what it was called) and many other commodities have been in the limelight ever since.
Apart from the questionable but very necessary CR, BRK have not missed a trick. BRK modeled their financials off a $60 POO and was profitable at the price point. Look where the POO is now $90+ Apart from any disaster event impacting BRK operations, the POO is going to be the main driver of the SP until Rangers and/or Flames begin to flow. IMHO
Again IMO, even if you factor in the options into the MC, BRK is still undervalued as of today.
- Forums
- ASX - By Stock
- BRK
- Ann: Quarterly Activities Report and Appendix 5B - December 2021
Ann: Quarterly Activities Report and Appendix 5B - December 2021, page-285
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRK (ASX) to my watchlist
|
|||||
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.72M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $36.72K | 3.672M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
36 | 27390741 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 7795324 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
36 | 27390741 | 0.009 |
16 | 3979210 | 0.008 |
6 | 3507000 | 0.007 |
5 | 1645000 | 0.006 |
3 | 2308000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 7795324 | 4 |
0.011 | 37306610 | 25 |
0.012 | 17291476 | 28 |
0.013 | 21872569 | 20 |
0.014 | 11005309 | 14 |
Last trade - 11.58am 23/08/2024 (20 minute delay) ? |
Featured News
BRK (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online