BRK 0.00% 1.2¢ brookside energy limited

Ann: Brookside, Financially Disciplined Oil Price Leverage, page-29

  1. 2,366 Posts.
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    Staymour you are a good dude - you're light hearted and slow to offense. Great and rare qualities. But, please provide some empirical evidence that the consolidation would be helpful (not your feelings or what you 'believe' because my experience over many consolidations suggests consolidations are actually negative for shareholder value with a share often continuing to fall post consolidation). Otherwise can you please stop promoting it as some kind of fix?

    The problem with BRK is not 'pip traders'. The problem with BRK is a loose register. Top 20 is only 31%. Top 20 would usually be considered the long term holders. Loose registers tend to see selling into any rise. It can take much longer for this selling pressure to abate as 'weak' or 'loose hands' abound. And the share price isn't going to rise sustainably until this supply is sucked up. Patience will be required.
 
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