Simple Maths ffxxsj.
If you crunch the numbers based on CURRENT valuation, with minimal $ per acre, the SP is currently MINIMUM 4c per share as we have discussed earlier. Once you factor in:
* Massive overperformance of wells BoE levels
* Comparable land values and increase in those values to date
* Expansion of Interest in 25 drilling operations
* Monster results coming in currently from Andarko/SCOOP/Stack Plays
* Revenue stream to massively increase from Q1-2 2018
* Future land acquisitions, re-investment in additional wells
And hey, don't take my word for it... Matthew Walker's valuation is 13c, Red Leaf's is 8c... so take your pick in the 8-13c range..
BRK discussion, page-22
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Mkt cap ! $61.93M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $108.4K | 8.343M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 25555227 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 20562631 | 20 |
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| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 1.4¢ | 1.4¢ | 1.3¢ | 994255 | ||
| Last updated 14.40pm 09/05/2024 ? | |||||
| BRK (ASX) Chart |