Australia's largest stock trading and investment forum Australia's #1 stock forum

BPH

Click for more information

0.00%

2.2¢ bph energy ltd

Cancellation of Pep11 by Scomo didn't help him save his own...

First 26651 Last

Share
Profile

Follow
kolubara

10,602 Posts.

238

13/05/24

18:00

Post #: 73802541
Share

Originally posted by danzae: ↑

My thoughts exactly.
The closer we get to election the less likely approval. I believe it's already far too late for this cycle.
The majority of Australia will be completely ambivalent, even unaware. But for a small amount of seats it will be a negative on the ALP vote.
Any downward pressure on utility prices won't be felt in the medium term. There is no short term positives for a left leaning government, only downside.
Approval before the election would be a gift to Greens/Teals. They would have endless ammunition against the government and Albanese in particular.

In short - Short term politics will always trump long term decision making.

“a Labor Government that I lead will rule out PEP11,”- Albanese
“PEP11 doesn’t make sense from an economic, environmental, or energy perspective,” -Albanese
“should be consigned to the dustbin of history, where it belongs. This is a complete no-brainer.” - Albanese

* sentiment. Held a large holding long ago, have a small amount left. Hoping to sell if there is another pump. If not, ride it into the ground as cgt loss.

Expand

Cancellation of Pep11 by Scomo didn't help him save his own seat, háaha how would it help Labor then!

BPH Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1,272 more messages in this thread...

First 26651 Last

Add BPH (ASX) to my watchlist

(20min delay)
Last 2.2¢		Change 0.000(0.00%)		Mkt cap ! $25.24M

Open	High	Low	Value	Volume
2.2¢	2.3¢	2.2¢	$133.8K	5.889M

Buyers (Bids)

No.	Vol.	Price($)
11	3393954	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	359778	1

View Market Depth

No.	Vol.	Price($)
11	3393954	0.022
10	2024766	0.021
27	8881222	0.020
37	6245943	0.019
14	2026162	0.018

Price($)	Vol.	No.
0.023	359778	1
0.024	1585660	11
0.025	1120600	7
0.026	449000	4
0.027	670000	4

Last trade - 16.10pm 23/05/2024 (20 minute delay)


Last 2.2¢			Change 0.000 ( 4.35 %)
Open	High		Low	Volume
2.3¢	2.4¢		2.2¢	2395271
Last updated 15.54pm 23/05/2024 ?

BPH (ASX) Chart