BRK

7.69%

1.2¢ brookside energy limited

If the oil price stays above $70 (which it most likely will) and...

First 7305 Last

Share
Profile

Follow
Adrenaline06

230 Posts.

76

05/11/22

14:13

Post #: 64605984
Share

Originally posted by FameLuck: ↑

Some mixed feelings from people here. Should this stock be worth more? Yeah, and it will be - but how long until any holders can realise a gain? What good is investing in fundamentals of the SP is going to stay stagnant until our cash holdings exceed the market cap?

If you had a million dollars in this stock, you could take a decent loss, invest the money elsewhere, and probably end up far better than had you left it in a stock that looks stuck at 1.2c for the foreseeable future. None of us benefit from holding this stock - the opportunity loss on this stock for everyone here over the last year could be huge.

fundamentally - how much is this stock worth? Enough to hold for many years and hope the company will finally be something huge?

I don't know how to value a company like this. And i can't see many other here being able to either. Feels like a couple like Dan and the professional have strong convictions that this a gem the market doesn't understand, a couple others seem to read the market a bit better and have doubts this is just a misunderstood gem - and i feel a good half of you cling to Dan's words like gospel and otherwise have no idea what's going on.

We're here to make money. What does management need to do to help the SP climb? How can we influence this? Because right now it looks like it's going to take another 6 months just to break 1.3c - after that we've got 70% of the shareholders who probably just want to break even and will sell every step along the way. Drilling oil and making cash doesn't seem to be enough - what needs to change? Buy-back? Consolidation? New management?

Expand

If the oil price stays above $70 (which it most likely will) and BRK continues drilling 4 wells every year, the company will be sitting on a cash pile of >$100m after 3 years.

This cash generation can be expedited and brought forward if they make a sale of their acreage.

A rerate will eventually come but it in all probability it will take some time especially if they go down the path of the well drilling route.

BRK Price at posting: 1.2¢ Sentiment: Hold Disclosure: Held
10 Upvote

0 Great analysis

Reply

Top Stories

FHE

Frontier Energy achieves key milestone for Waroona energy project

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

EMD

Emyria's Empax Centre chosen for mental health clinical trial

BRX

Belararox delineates another porphyry in Argentina at Tambo South

STX

Strike Energy secures $153 million for Perth Basin gas projects

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

There are more pages in this discussion • 4,362 more messages in this thread...

First 7305 Last

Add BRK (ASX) to my watchlist

(20min delay)
Last 1.2¢		Change -0.001(7.69%)		Mkt cap ! $57.17M

Open	High	Low	Value	Volume
1.3¢	1.3¢	1.2¢	$62.67K	4.899M

Buyers (Bids)

No.	Vol.	Price($)
23	16812807	1.2¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	22002260	13

View Market Depth

No.	Vol.	Price($)
23	16812807	0.012
61	51374298	0.011
26	13826920	0.010
10	5870014	0.009
2	370000	0.008

Price($)	Vol.	No.
0.013	20502260	12
0.014	23622945	22
0.015	10641468	20
0.016	2055808	11
0.017	10526445	6

Last trade - 16.10pm 21/06/2024 (20 minute delay)

BRK (ASX) Chart

If the oil price stays above $70 (which it most likely will) and...

Frontier Energy achieves key milestone for Waroona energy project

Cultural heritage agreement puts Walford Creek exploration back on the map

Emyria's Empax Centre chosen for mental health clinical trial

Belararox delineates another porphyry in Argentina at Tambo South

Strike Energy secures $153 million for Perth Basin gas projects

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

If the oil price stays above $70 (which it most likely will) and...

Top Stories

Frontier Energy achieves key milestone for Waroona energy project

Cultural heritage agreement puts Walford Creek exploration back on the map

Emyria's Empax Centre chosen for mental health clinical trial

Belararox delineates another porphyry in Argentina at Tambo South

Strike Energy secures $153 million for Perth Basin gas projects

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News