BRK 0.00% 1.2¢ brookside energy limited

BRK quarterly report webinar, page-118

  1. 252 Posts.
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    As per my opinion market is always right. We all have been saying this from past 1 year , people are stupid and we are right. In reality, we are the stupid ones. Despite oil prices being so high and 3 Wells running. We are less than half the value of pre Jewell time There comes 3 possibilities:-
    1) This stock was pumped before pre Jewell time by so called pumpers like bhav &hit etc
    2) Ths is highly undervalued
    3) It is fairly priced.
    As per critics of brk, there would be no buyers of this acerage. I didn't attend the presentation. But, from comments it seems that there is no talks of selling.
    So what is the next plan? To keep on drilling wells which are operationally not sustainable? Was this our original plan to drill 20 wells or make money?
    As the oil prices slide, I think that this stock would further fall. As a shareholder, I would be happy to be proven wrong





    Last edited by vik1989: 05/08/22
 
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