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1.0¢ brookside energy limited

Ann: Update - Notification of buy-back - BRK, page-65

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Chillicop

5,076 Posts.

649

21/07/23

17:20

Post #: 68915716
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Originally posted by nashezz: ↑

The buyback stated aim is to buy back 500M shares. At 1.5c this would cost $7.5M. At 1.1c this would cost $5.5M. Clearly you guys would rather our management blows the extra $2M so you can feel better about your stock selection (well in the short term anyway before price craters again post buyback). I'm happy for them to save the $2M personally and see value delivered when sentiment changes in oil, small caps and BRK.

We might have a chance of seeing our reserves valuation of 5cps delivered then (if there isn't a liquidity event in the meantime) but no amount of wailing here is going to deliver it in the meantime. (I would note that the amount of wailing here is a good indicator that we are also likely near the bottom)

If you can't handle the delivery timeframe in this stock then you need to adjust your investing to stocks that have near term catalysts you are certain will cause continuing share price rises.....

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what delivery timeframe would you suggest.
is two years (and a fall of 50% by the way) long enough

I've been here 5 years FYI. but most bought in 0.02s.

BRK Price at posting: 1.2¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.0¢		Change -0.001(5.00%)		Mkt cap ! $45.34M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$49.26K	5.037M

Buyers (Bids)

No.	Vol.	Price($)
46	27783484	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	13982561	17

View Market Depth

No.	Vol.	Price($)
45	27450151	0.009
27	17860321	0.008
8	4119428	0.007
6	2421677	0.006
7	2758000	0.005

Price($)	Vol.	No.
0.010	13982561	17
0.011	50675581	50
0.012	11254609	16
0.013	16597673	16
0.014	11779309	12

Last trade - 13.02pm 03/10/2024 (20 minute delay)

BRK (ASX) Chart