BRK should continue to explore and keep drilling to increase earning and cash flow. And, also look out for potential partners to collaborate to accelerate dev.
Meanwhile, it should just drum to the market that it will continue its 10% share buyback per year as long as it is profitable.
And, start giving a little bit of dividend, perhaps at 0.1c.
Lastly, if the management team can show strong confidence by buying 3-5% from the market.
Do u think the sp will not fly?
Ann: Flames-Maroons Development Multi-Well Drilling Update, page-35
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Last
1.2¢ |
Change
-0.001(4.00%) |
Mkt cap ! $57.17M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $332.5K | 27.70M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 43356014 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 656882 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| BRK (ASX) Chart |