yeah we nearly got half the soi of SYA, soi issue is a complete cop out. Asx just doesn't want small cap oil unless it's looking for unicorn deposits (get rich quick company's)
Our market cap probably prevents a lot from investing in this, penny stock status doesn't help, oil bad status, management does have a not great history and retail investors that would normally invest in something like this have likely lost a lot of buying power over the last year or so. Market conditions simply do not favour a company like this, think the only thing the company can do and hopefully will do is continue the buyback, complete the buyback and expand upon it if sp doesn't improve by the time they have brought 350m shares.
BRK Price at posting:
1.3¢ Sentiment: None Disclosure: Not Held
