A simple but interesting mental exercise if you will.
I don't talk about the share price or make price projections per se but want to do a hypothetical .
1) Would people agree the market is saying BRK is fair value right now at a share price of 1.4 -1.5 cents?
2) If that is the case then with a current EPS of 0.34 cents, the market is applying a P/E ratio of ~ 4. There is a possibility that without a change in market sentiment towards small cap oilers , there may be no expansion of that ratio going forward. Therefore would there be general agreement that a P/E ratio of 4 can be used going forward unless we see a change in market sentiment?
3) Do people feel BRK will be able to reach the production numbers it has predicted , based on what it has proven it can do with the earlier program?
4) If one would agree with #3, then one should be confident that BRK will produce a rising revenue and profit stream through to 2028 as they have guided . That means if the USD / AUD is sitting at a similar levels to now in 2028 at ~65 cents, BRK will deliver a net income of ~AUD$77 million ( vary the AUD to whatever you think is reasonable)
5) If it hits that AUD$77 profit , assuming no buy backs , no capital raises , the SOI stays at 4.7 -4.8 billion by 2028 and that the market values BRK on the current fair value P/E ratio of 4, then what could the BRK share price be trading at in 2028 ?
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A simple but interesting mental exercise if you will. I don't...
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Last
1.4¢ |
Change
-0.001(3.57%) |
Mkt cap ! $64.32M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $15.22K | 1.088M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
36 | 13983753 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 9706003 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
36 | 13983753 | 0.013 |
15 | 7577761 | 0.012 |
7 | 7328638 | 0.011 |
7 | 3460009 | 0.010 |
7 | 3170014 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 9706003 | 9 |
0.015 | 9542775 | 15 |
0.016 | 6948713 | 19 |
0.017 | 8285593 | 9 |
0.018 | 2497070 | 7 |
Last trade - 11.42am 03/05/2024 (20 minute delay) ? |
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Last
1.3¢ |
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Change
-0.001 ( 7.14 %) |
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Open | High | Low | Volume | ||
1.4¢ | 1.4¢ | 1.3¢ | 2399566 | ||
Last updated 15.54pm 03/05/2024 ? |
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