Ann: Update - Notification of NO buy-back - BRK, page-38

@NotRelevent i dont disagree - but i would say BRK had its chances to make holders money and improve its image but management threw holders under the bus a few too many times from what i can gather and just doing slight deeper DD you see some straight alarm bells. People here are way to light on the managing director who has essentially set himself up to make bank on their money

the buy back is great but the buyback floor is also 1.1cents which is EXACTLY the strike price the MD needed to convert options which again was risk free for him.....

just on management alone you got to question the investment case then when you look at essentially 7-years of no returns to retail holders it is a straight no way.

However it is making some money so for the current holders all i can say is it still might happen but i truely believed it would be shortly after all the EOFY tax loss selling ....but clearly i was wrong

the dissapointing thing is for a micro-cap it ticks so many boxes but where it falls short it essentially falls off a cliff. It is like meeting up with a girl and on the surface she hasa pretty face so your keen but 15mins into the conversation you realise she is a hard core socialist vegan whos f--ked everyone you know. She still has a 'pretty face' but you got to ask yourself is this worth it? and surely there is someone better out there?