There is no appetite for much in the market at the moment with rising interest rates and the possibility of lower growth, but that is the beauty of BRK having no debt and cash (continually increasing) in the bank. It would also be interesting to know (although we never will) if David has put land sales on the backburner while the oil price is in decline, because I do agree an acreage sale would re rate the share price significantly.
When interest rates plateau, markets stabilise, China opens up and oil prices increase once again, I have no doubt Brookside will be on the coat tails heading higher.
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Price($) | Vol. | No. |
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0.011 | 50108658 | 48 |
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