At 10c we would not be a penny stock and our market cap would be ~$500 million . We literally would be in a different league so I agree, the " need' for a consolidation would possibly be mute.
In all honesty, a $500 million market cap on the current asset base would place the company in significantly overvalued territory, considering our major asset has an NPV10 of US$170 million which was based on a higher average oil and gas price.
However, in terms of the next BRK iteration, (where the prospecting for assets would be backed by a significantly larger capital base) , a target MC of $500 million based on an asset base of that magnitude could be a distinct possibility..... but we have a bit of a journey ahead to that place, considering we haven't monetized SWISH yet.
cheers
Dan
Ann: Update - Notification of buy-back - BRK, page-68
-
- There are more pages in this discussion • 141 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BRK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $47.72M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $70.47K | 7.039M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 23510111 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 12241492 | 4 |
View Market Depth
| Last trade - 14.49pm 22/08/2024 (20 minute delay) ? |
| BRK (ASX) Chart |