BRK 4.00% 1.2¢ brookside energy limited

I can't believe he wants to ask share holders for a share buy...

  1. 709 Posts.
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    I can't believe he wants to ask share holders for a share buy back to be an ongoing exercise into the future and is trying to sell it as a reward/benefit to us whilst it tanks the S.P and they pick up scraps at basement prices... all this while drilling no wells and dangling the "monetisation" carrot..
    Even the people interviewing him on the webcasts seem to see straight through him.
    Utter disaster when you've bought in around 3c and now 2.5 years later 3c is the goal to achieve.
    lifestyle company comes to mind.... only winners here are the guys who picked up shares around 1c and even that now seems like a long term savings account right now.
    This has been a tough hold.
 
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