BRK 0.00% 1.2¢ brookside energy limited

Ann: Brookside Produces One Millionth Barrel of Oil Equivalent, page-25

  1. 205 Posts.
    lightbulb Created with Sketch. 50
    I would not be surprised at all to see BRK rerate itself back to 0.02 range before Christmas
    1. current EV so attrative and our value so undervalued compared to intrinsic, company still printing healps of cash every quater, the fundamental stories never changed for BRK only get better in my view,
    2. SP has been churned for a long period of time, with buy-back further absorbing the weak hands. the impaitent are long gone, I cannot see the patient ones will let their share loose below 0.02, so I see little resistence under 0.02,
    3. the previous spike to 0.018 is just a precursor in my view, and when the run comes it will be fast and furious, as there will be little resistence.

    4. monitisation is well advanced, you never know one day you will see a trading halt and follows by a JV or a divestment.

    All brk needs at the moment is a bit of luck and it will be off to go.
    Last edited by ninjasparda: 27/07/23
 
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