Why did we only receive $8,000.00 interest on the cash?
With interest rates increasing we could get over 4% on $20,000,000 which could get $200,000 a quarter.
The other $10.000,000 could be used for expenses.
The interest could be used for a small Buy Back , now the Oil price is over US$85 it would be easy for Management to start the Buy Back.
A Buy Back would help Shareholders and could help the share price.
It is hard to understand we borrow at approx 25% interest rate and loan Management over $1,000,000 at 3% which they do not have to pay if the share price is low in 2 years time.
- Forums
- ASX - By Stock
- BRK
- Banter and General Comments .. BRK
Banter and General Comments .. BRK, page-7198
-
- There are more pages in this discussion • 4,529 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
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.27M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.2¢ | $4.16K | 335.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 15481980 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 21978053 | 33 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 15481980 | 0.012 |
38 | 37311735 | 0.011 |
12 | 5661919 | 0.010 |
11 | 5840014 | 0.009 |
1 | 120000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 21031396 | 30 |
0.014 | 25809334 | 18 |
0.015 | 6815278 | 15 |
0.016 | 3189193 | 12 |
0.017 | 12126445 | 9 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
Featured News
BRK (ASX) Chart |