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1.3¢ brookside energy limited

Buy back target price was 1.4c a share... it dropped to 1.1c and...

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Empirereef

740 Posts.

197

15/05/24

13:49

Post #: 73836245
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Originally posted by beachinvestor: ↑

1. I wouldn't call planning the successful implementation of the $40M plus drilling program - FMDP as "doing FA" in the last 10 months.
2. My understanding is that the Buy Back saw the business pay the market average price for the shares over the Buy Back period. What was poor about the process apart from BRK not buying up to the limit allowed? Did you want them to buy the shares at a figure above the average, remembering it is your money they were spending?
3. The Only director "requesting" shares is DP and those shares are in lieu of salary and supportted by a report from an Independent Remuneration Consultant. They are not "performance shares".
4. Happy for you to explain what an "Agreed Price" is in a "Buy Back". There is no Agreed Price there is only a maximum price - no more than 5% above the 5 day VWAP.
5. How did the Buy Back push the price lower? If BRK had not bought the shares it did when it did then in all likelihood the share price would have been lower throughout the entire Buy Back period.

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Buy back target price was 1.4c a share... it dropped to 1.1c and still they hastily picked them up... hows those rose coloured glasses going??? Maybe I'll borrow them off you

BRK Price at posting: 1.3¢ Sentiment: Hold Disclosure: Held
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Last 1.3¢		Change 0.000(0.00%)		Mkt cap ! $62.04M

Open	High	Low	Value	Volume
1.3¢	1.3¢	1.2¢	$54.94K	4.316M

Buyers (Bids)

No.	Vol.	Price($)
5	3796029	1.2¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	31783609	40

View Market Depth

No.	Vol.	Price($)
5	3796029	0.012
37	37594471	0.011
13	17591919	0.010
10	5820014	0.009
2	185000	0.008

Price($)	Vol.	No.
0.013	31783609	40
0.014	21273997	16
0.015	5449382	13
0.016	3016438	12
0.017	11326445	7

Last trade - 16.10pm 31/07/2024 (20 minute delay)

BRK (ASX) Chart