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3.57%

1.4¢ brookside energy limited

Personally I'm a bit sceptical. This is from the investor...

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A_Person

27 Posts.

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09/08/18

11:08

Post #: 34826775
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Originally posted by Wths10 ↑

I'm hoping/praying they deliver something for the option holders after smashing us in the last cap raise!
The thing that bothers me as we get closer to the expiry date of the oppies is the fact that alot of the big investors won't want to put their hands in their pockets to find cash to exercise them @2c, it’s not possible for them to dump that amount on market and they got them free so would be ok to see them expire worthless.
Its also possible that the oppies expiring worthless is better that the dilution that would occur if all 675M Options were exercised.
The company would have enough cash with the loan facilities and also from the future percentage of revenue from operating wells so unless they make a big acquisition cash won't be a problem.

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Personally I'm a bit sceptical. This is from the investor briefing around a month ago: "There should be sufficient funds from options conversion and other royalties, divestment for SWISH acquisitions. Further needs for capital raising were not categorically denied or confirmed." So my interpretation of this is if the options aren't in the money (and at this stage it doesn't look like they will be) there may be another cap raising. Hopefully I'm wrong though

Last edited by A_Person: 09/08/18

BRK Price at posting: 1.4¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.4¢		Change -0.001(3.57%)		Mkt cap ! $64.32M

Open	High	Low	Value	Volume
1.4¢	1.4¢	1.4¢	$15.22K	1.088M

Buyers (Bids)

No.	Vol.	Price($)
36	13983753	1.3¢

Sellers (Offers)

Price($)	Vol.	No.
1.4¢	9706003	9

View Market Depth

No.	Vol.	Price($)
36	13983753	0.013
15	7577761	0.012
7	7328638	0.011
7	3460009	0.010
7	3170014	0.009

Price($)	Vol.	No.
0.014	9706003	9
0.015	9542775	15
0.016	6948713	19
0.017	8285593	9
0.018	2497070	7

Last trade - 11.42am 03/05/2024 (20 minute delay)


Last 1.3¢			Change -0.001 ( 7.14 %)
Open	High		Low	Volume
1.4¢	1.4¢		1.3¢	2399566
Last updated 15.54pm 03/05/2024 ?

BRK (ASX) Chart