BRK 0.00% 1.0¢ brookside energy limited

The management must realise how cheap the shares are.....

  1. 622 Posts.
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    The management must realise how cheap the shares are.. especially at the present moment with Wolfpack raking it in and probably paying out in four or five months from first production. Well I hope they do because everyone else and their dog(s) seems to be commenting on it
    Now I know from the recent accounts they had big bills outstanding at the year end but the return from those outlays is now flowing back into the coffers at a cracking rate.So absent any forward statements about plans for future drills etc , can we reasonably assume that there is plenty of free cash available?
    Anyway what I’m meandering towards is what so many of us have been saying
    .Allocate some cash towards a goodly buy back and let the punters see that management will no longer tolerate our shares being treated as a plaything by the market
    Consolidate thereafter so that our shares never become a market plaything again.
    Whew I’ll take my financial jackboots off now





 
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