Nice optimism.
I feel like the 4 well program, which isn't transformative, has already been proven a loser from the share price point of view. I mean look where the company was operationally and financially 2 years ago vs now and then look at the SP.
Investors and potential investors are looking for something different from the company, something truly transformational.
The negativity is always about the stock price and not how much money the company is making. Unfortunately there is no correlation between the last 12 months of success and the stock.
Based on todays announcement it's hard to the stock price changing even if it was a positive operationally and financially for BRK
Ann: Transformational Drilling Program and Further Share Buy-Back, page-78
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.72M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $105.5K | 10.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 969396 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 46520747 | 31 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| BRK (ASX) Chart |