considering how much money we are making with the high oil price even a 200m market cap would be 'under-valued' however the Macro environment is 'very much' against 'small cap and micro-caps' this wont last forever but it is something to note.
I believe in a few years people will look back and wish they got on this one at under 5 cents let alone under 2 cents.
ive been pretty quite on posting lately mostly because i knew the 'ride was going to be rough' and im just sick of the down rampers who dont understand jack all about stocks.
BRK will be making around bank as skyrocketing oil prices are here to stay, i actually think the 'current' oil producers in general are heading for a coal like boost. In which the push for 'green' energy makes new drilling project hard to get funding thus the demand will be strong until the world 'electrifies' which will take a lot longer then people expect but the supply of oil will drop but demand will remain strong this is exacty what has happened to 'coal' im happy to be called out but i reckon we will see 200USD and maybe even 250 USD a BOE in the next 3 years.
i think when if the war with Russia-Ukraine ends there might be a slight increase in supply but i doubt even if the war ended tomorrow big oil companies are going to be rushing to do business with the Ivans
im bullish af on BRK but in general im 'bullish' on oil as a sector and as a commodity in the medium term
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Last
48.0¢ |
Change
-0.020(4.00%) |
Mkt cap ! $45.82M |
Open | High | Low | Value | Volume |
50.0¢ | 50.0¢ | 48.0¢ | $22.75K | 46.52K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10 | 48.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 29079 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10 | 0.480 |
2 | 4383 | 0.475 |
1 | 800 | 0.470 |
2 | 6345 | 0.460 |
1 | 1101 | 0.455 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 28513 | 3 |
0.510 | 10000 | 1 |
0.515 | 27526 | 3 |
0.520 | 12675 | 4 |
0.525 | 13000 | 2 |
Last trade - 15.22pm 18/11/2024 (20 minute delay) ? |
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BRK (ASX) Chart |