BRK 0.00% 1.2¢ brookside energy limited

I’m very intrigued (and other feelings) at this time. I reckon...

  1. 616 Posts.
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    I’m very intrigued (and other feelings) at this time. I reckon we could have around 35m in the coffers by end of this quarter

    now the company won’t pay any dividends at this stage in its cycle, the buy back outlay has been minimal, there’s been no drilling plans announced, no new acreage transactions announced, nothing really to suggest a large draw down of funds.

    now the management haven’t gone from a position of full steam ahead drilling over the last couple of years, to an absolute stand still, surely Shirley?

    they know what to do but they’re not doing it.
    so what is going on behind the scenes? And for how long will it go on?

    there’s that old financial saying, …… Brk share price can stay irrational longer than your patience can last…..ah what a truism
 
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