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1.2¢ brookside energy limited

Banter and General Comments .. BRK, page-11523

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Empirereef

709 Posts.

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15/05/24

13:53

Post #: 73836404
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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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so no drilling for the duration of buy back and company not proactive on buying large amounts or shares when it dipped below the target price is good for the share price? DP really has you hook line and sinker

BRK Price at posting: 1.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $57.27M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.2¢	$75.58K	6.298M

Buyers (Bids)

No.	Vol.	Price($)
52	44787380	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	18544452	21

View Market Depth

No.	Vol.	Price($)
52	44787380	0.011
18	8999062	0.010
10	5790014	0.009
1	120000	0.008
2	271714	0.007

Price($)	Vol.	No.
0.013	18544452	21
0.014	25290353	19
0.015	9661767	18
0.016	2050391	11
0.017	11826445	8

Last trade - 12.04pm 08/07/2024 (20 minute delay)

BRK (ASX) Chart