Hi Folks
This is back on my watchlist . The drilling campaign is simply development drilling which adds to production but only adds to reserves very marginally . BPT is a stock to hold for the oil recovery , however I do think it may go lower with the current market correction which I believe will last a few months and will be a reasonable in size. My target entry is in the mid 40s and happy to miss out if it doesnt get there. Am I correct that 2 p reserves are now 70m even after the DLS merger. That a decent drop in the last two years . Can someone guide me to why the big adjustment
Ann: Monthly Drilling Report August 2016, page-6
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Last
$1.28 |
Change
-0.005(0.39%) |
Mkt cap ! $2.920B | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.29 | $1.27 | $4.172M | 3.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34600 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 308421 | 5 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| BPT (ASX) Chart |