better to preserve cash for investing in more wells.... The past buy back showed that a buy back won't help the share price....anyway since the consolidation BRK is a relatively low share issue stock Once the ADSs start trading in the USA there will be fewer trading on the ASX At the present time it appears the CXA traders are playing games with the stock price....probably using their sell orders to depress the share price whilst also having buys at lower levels using their ASX accounts and CXA accounts....
More production figures will boost the share price (and they will in crease signigicantly).....so we wait till all the new wells are in FULL production....thats probably when BRK will announce it has completed its arrangements for trading its stock in the form of ADSs ...re-packaged into ADRs on the NYSE
BRK Price at posting:
44.3¢ Sentiment: Hold Disclosure: Held
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