Thank you Porter for your views. I still think to attract new investors, we will need to see the SP moving in an upward projection.. The independent investment research is indicating 2 or 3 x current SP.. But if the train is parked at the station and there is no destination, then no-one is going to get onboard.
BRK stated that as a result of the SP being undervalued, they will undertake a buyback... They ain't going to get 350 million shares sitting at 0.015... and if the SP is expected to increase on future announcements (which it has failed to do over the last 6-8 months), they would need to pay more at higher prices anyway...
So logically, in reverse, increasing the SP via aggressive buyback... and then supported by the future announcements (which we know are only going to be great) are we going to see the SP meet the expectations of the shareholders, momentum and new investors wanting a piece of it.
BRK Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
(20min delay)