BRK

5.26%

1.0¢ brookside energy limited

Ann: SWISH AOI Activity, page-160

First 160 Last

Share
Profile

Follow
danpech

3,271 Posts.

7614

23/10/23

13:28

Post #: 70484704
Share

Originally posted by BerserkWarrior ↑

"...folks....are disillusioned with a seaming lack of strategy in the execution of the buy back at these crazy low prices.... are waiting, waiting , waiting for any glimpse of news of any monetisation".

I'm ambivalent at best at presenting at conferences. Using them rarely results in more than a passing increase in share prices.There's little benefit in providing releases through a conference these days.....if there's substance to them & consequently they're market sensitive the market response is quick & efficient. In many years past I think they were an efficient forum to sell a story....these days with efficiencies in communications.....if a story has depth & value, it sells itself through market sensitive releases.

I wonder whether BRK has lost its directional compass? The market seems to think so & with some justification I believe. The pursuit of monetization at the expense of returning shareholder value through a reduction in issued equity screams of this. They said they'd do both. What's happened after a promising start? Tokenism seemingly to appease a fragmented retail base. BRK would be forgiven if there was progress on the monetization front but the market's been kept in an information vacuum. BRK could choose to release a general statement that talks are continuing (and hopefully progressing) with potential partners......nothing more.....which would keep specifics confidential and you would think not prejudice negotiations; but there's little to nothing on partnerships, future development plans seem to be on ice and as you mention the Claytons Buyback speaks of itself. Stagnation in a growth business doesn't deliver, ergo BRK's market cap. It doesn't matter whether it's real or perceived, the end result is ugly.

I still think DP's the guy for the coalface here but maybe we need a more assertive Chair person (?); an independent that actually has a voice & is an advocate for shareholders rather than the figurehead we seem to have. Arguably what they're doing isn't necessarily the best approach. It can't be if you look at cash, cash generation, the asset suite etc & where the market cap sits. There's a disconnect & it's one of managements responsibilities to bridge that disconnect.....I'll say they're failing (and badly) on this. It's common to state management doesn't control the share price- they don't but they do have sway over it with what they do & what they say. Marketing a business isn't based in conferences.....it's articulating an evolving story through executing your business plan & being able to publicize that through market sensitive releases. Do that, whether it be keeping the market informed on monetisation proceedings, the buyback or anything else. A good company does not need sponsored research, paid promotional agencies to promote it or junket conferences in swanky locations. It's as simple as executing & been seen to progress a plan with tangible results. The buyback was the easiest & most visible measure of this- it's visible on a daily basis but they've shot themselves in the foot badly with how they're conducted it and it's permeating through whole of company market perception (whether rightly or wrongly) with respect to monetisation.

Expand

Sorry mate

I should have been more clear, this wasn't a BRK presentation but an industry presentation by a third party . BRK were not at this conference. That is why I put up the slides relevant to BRK as IMO, having a spotlight by the industry on the BRK AOI ( albeit indirectly) is another independent " confirmation" of the pathway BRK are trying to achieve.

Regardless, you make some good and valid points.

Cheers

Dan

Last edited by danpech: 23/10/23

BRK Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

Reply

Top Stories

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

BUX

Buxton projects new graphite province discovery at WA Narryer play

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

There are more pages in this discussion • 2 more messages in this thread...

First 160 Last

Add BRK (ASX) to my watchlist

(20min delay)
Last 1.0¢		Change 0.001(5.26%)		Mkt cap ! $47.72M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$70.11K	7.086M

Buyers (Bids)

No.	Vol.	Price($)
42	27041366	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	13243503	15

View Market Depth

No.	Vol.	Price($)
40	25001366	0.009
26	17760321	0.008
9	4326571	0.007
6	2421677	0.006
7	2758000	0.005

Price($)	Vol.	No.
0.010	12912653	14
0.011	50108658	48
0.012	11254609	16
0.013	16597673	16
0.014	11779309	12

Last trade - 16.10pm 04/10/2024 (20 minute delay)

BRK (ASX) Chart

Ann: SWISH AOI Activity, page-160

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

BCI reaches close of funding facility for salt-first part of Mardie project

Buxton projects new graphite province discovery at WA Narryer play

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: SWISH AOI Activity, page-160

Top Stories

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

BCI reaches close of funding facility for salt-first part of Mardie project

Buxton projects new graphite province discovery at WA Narryer play

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News