BRK brookside energy limited

Rangers CR in context, page-4

  1. 1,513 Posts.
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    While there was little in context of TTC's argument that applied to the business model that BRK is executing on as opposed to his contention that BRK is just another US shale play....the one thing I completely agree with him is that you should never issue in the money 'free' options. Not ever. That's a clear and blatant giveaway that transfers risk free value from current shareholders to those in the CR. Discount the heads appropriately- fine & offer options if need be however that deliver to the upside in parallel with current shareholders as the equity in the business is (hopefully) revalued upwards as the company achieves its development targets. This raise effectively created two shareholder classes, the old that were disadvantaged for the new. It's not hard to structure raises that deliver more equitably for both groups of shareholders.

    On another note, a public acknowledgement of you Dan, your time and energy in sharing incredibly well researched viewpoints. Thank you.
 
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(20min delay)
Last
38.5¢
Change
-0.005(1.28%)
Mkt cap ! $36.87M
Open High Low Value Volume
40.0¢ 40.0¢ 38.5¢ $25.28K 64.07K

Buyers (Bids)

No. Vol. Price($)
4 11467 38.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.5¢ 7751 5
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Last trade - 11.40am 04/07/2025 (20 minute delay) ?
BRK (ASX) Chart
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