How about starting to pay dividends?
BRK need to announce a plan to somehow return some profits to shareholders.
It's great that they are now making money but the risk for shareholders is that they'll make a stack of money now while the oil price is high, but management will just hold it in the company to keep themselves employed. In 5 or 10 or 15 years from now global oil demand will start to drop and relatively high cost producers such as BRK won't be able to operate anymore. They'll start losing money and will eventually close down, having never paid a dividend.
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.72M |
Open | High | Low | Value | Volume |
51.5¢ | 51.5¢ | 49.0¢ | $44.98K | 89.99K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 37144 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 0.495 |
4 | 19194 | 0.490 |
2 | 2160 | 0.485 |
2 | 13888 | 0.480 |
2 | 15526 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 10000 | 1 |
0.510 | 1334 | 1 |
0.515 | 25218 | 2 |
0.520 | 12675 | 4 |
0.525 | 13000 | 2 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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