BRK 8.33% 1.3¢ brookside energy limited

I was reading up on Red Fork Energy and the reason it went under...

  1. 58 Posts.
    lightbulb Created with Sketch. 8
    I was reading up on Red Fork Energy and the reason it went under . It looks like it had to much debt and Management did not understand the business .
    For BRK to work for the Shareholders we need new Management . DP has been around for 20 years with RFK and BRK and the Shareholders have received nothing but Capital Raisings and HOPE .
    With $25 to $30 million in the bank from Capital Raisings and new Shares Options the Shareholders should benefit from Profit made by the Company not Management and Associates .
    A small Buy Back of $1 million a month would not be a problem with profit from the wells, and could help the declining Share Price.
    I still do not understand how $20 to 30 million can only receive $8,ooo interest in the last 3 months, with a little work by Management (not their mates) they could get at least $200,000 in the next 3 months , this could pay for some of the Management fees .
 
watchlist Created with Sketch. Add BRK (ASX) to my watchlist
(20min delay)
Last
1.3¢
Change
0.001(8.33%)
Mkt cap ! $61.93M
Open High Low Value Volume
1.2¢ 1.3¢ 1.2¢ $37.01K 2.867M

Buyers (Bids)

No. Vol. Price($)
20 13975704 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 21845225 19
View Market Depth
Last trade - 15.26pm 02/07/2024 (20 minute delay) ?
BRK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.