what I like about BRK is that its also a gas producer...its plugged into the gas line .
gas prices have been rising...globally
Winter is approaching in the US and I expect it to be one of those extremely cold winters....so demand for heating gas will rise.....
BRK could not have timed it better....
So BRk is not only tied into the oil market ...its also tied into the winter and gas prices.....expect an extremely cold winter in the US
Once revenue starts to flow it will be less dependant on partners to develop the rest of the proposed wells.
The fact that the price has obviously been held in the present tight range ...to me ....is a positive.......the handbrake will be released ...and soon........from what I have been reading...I expect an announcement on WEDNESDAY
what I like about BRK is that its also a gas producer...its...
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1.2¢ |
Change
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Mkt cap ! $57.17M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $109.9K | 9.155M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 10848681 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 22910913 | 18 |
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| Last trade - 15.44pm 28/06/2024 (20 minute delay) ? |
| BRK (ASX) Chart |