Look im a bull on BRK but i have made my 'thoughts' on the CR abundantly clear it was a s--t show and honestly the free options was a joke.
But as has been pointed out it is retail investors who have sold down the SP - I cant blame people who walked away post CR becuz it was poorly handled - Dan and other bulls might disagree with me but i think taking 6 weeks opposed to 1 week to do a raise would of saved the SP a lot of heartache.
I will say this more then a few investors have had a word with DP on how the 'felt' about the CPS dogs breakfast and i doubt he will be making the same mistake again. What gives me comfort if DP is now saying in almost every-time he speaks he is going to do right by shareholders - being fully aware people expect the SP to be in a better position then it is in now.look at professionals pricing chart it would give you an idea - believe it or not i think it is a good but somewhat conservative indication of where BRK is going
Why do i think it is conservative
- AUD is currently pretty strong against the Green back in the long run i expect 1 AUD to buy around 67cents opposed to over 70
- calculations are based on a lower then i expect the average oil price to be at over the next 3-4 years (oil will bounce between 70-90USD)
- The BOE that we are expected to get from drilling wells is conservative by nature.
- 15cents per share with all options converted gets us a market cap around 600m i think BRK has 1bn AUD potential
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.27M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $37.13K | 3.094M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 648453 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 28031377 | 34 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 568453 | 0.012 |
37 | 37902199 | 0.011 |
14 | 17682918 | 0.010 |
10 | 5820014 | 0.009 |
2 | 185000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 27918334 | 33 |
0.014 | 20994930 | 15 |
0.015 | 4949382 | 12 |
0.016 | 2516438 | 11 |
0.017 | 11626445 | 8 |
Last trade - 15.17pm 26/07/2024 (20 minute delay) ? |
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