BRK 0.00% 1.3¢ brookside energy limited

IMO, I am not surprised with the sleeping sp. As per the latest...

  1. 127 Posts.
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    IMO, I am not surprised with the sleeping sp. As per the latest quarterly, the amount of options is almost 50% of SOI. This also means that the market cap is approx 150% of 87mil (approx 130m). With that huge amount of options expiring in less than a year and some option holders managed to get the options at cheap price or even free, BRK sp will be capped for some time.

    The cap raise just before Jewell result gave me the impression that the success of Jewell has been priced in. Just my two cents, Jewell information had to be leaky somehow to attract investors' money at that time.

    Those who participated in the last cr are different from retail investors. They have deep pockets and time so they can turn their free oppies into profit, achieving their KPIs, while they can wait for their heads to pick up later in years with no hassle.

    However, with a solid fundamental and significantly safer play comparing to other explorers, I am not worried about my holdings at least for now. But I will be cautious when the winter in the North comes towards the end.
    https://hotcopper.com.au/data/attachments/3743/3743473-f6700117a10826e304b1eb15c68ddd41.jpg
 
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