BRK 3.57% 1.4¢ brookside energy limited

I think using the argument that directors only want to enrich...

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    I think using the argument that directors only want to enrich themselves at SH expense as an explanation for a company’s poor SP is ludicrous, but it’s been used many times in this thread.

    directors are Share holders too. There is no logic or sense to accusing directors of consciously acting to suppress SP. by successfully improving operations and increasing revenue which eventually moves SP they stand to gain.

    Danpech raises very valid points, fundamentals all indicate a re-rate is imminent, but timing the market is out of our control. long term the company has the FCF to undertake share buybacks and/or dividends which will have a direct impact on SP. so for now just let the days tick over knowing the longer we wait before IP rates, the more successful the wells, and more overall production volumes we will see. There is so much good news due over the next few months. Even with delays to the new wells expected H2 ‘22 if they’re not scheduled until next year, the company is pretty much in a position to pay for the entirety of 2023’s drilling by end of this quarter/end of this year.
 
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