BRK 9.09% 1.0¢ brookside energy limited

maybe clean up some noisy whingers off the register?But...

  1. 33 Posts.
    lightbulb Created with Sketch. 13
    biggrin.png maybe clean up some noisy whingers off the register?

    But seriously, this is a share buyback...

    (273,199 + 913,242 + 862,676)*0.013 = ~$26,000 to clean up all the punters with less than 10,000 shares.

    Let's guess half of the 156,885,290 shares in the 10,001-100,00 class are unmarketable,

    (156,885,290*0.5)*0.013 = ~$1,019,754

    so a tad more than $1M worth of shares off the register, it's a quarterly buyback yielding 1.5%. If they bought back $1M of shares every quarter it'd be an annual shareholder yield of 6%.

    So much for @Pastry1 saying none of the money is coming back to shareholders cool.png
    Last edited by TripleCheese: 14/09/22
 
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