BRK 8.33% 1.3¢ brookside energy limited

Banter and General Comments .. BRK, page-7635

  1. 354 Posts.
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    This share is sick. No volume at all. I'd like to know what the company is doing with the cash it has? Another well, more land? If nothing is brewing surely a buy back would be a good use of capital at this price. If the company is worth circa $300M 1.2c to NPV of 6c is around a 500% return. That's pretty good. Even if it doesn't lift the share price it gets some shares of the register and we all benefit more when the share price does reflect NPV.
 
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