Winenut hit the nail on the head if POO goes up so will BPT and vice versa.
At the end of the day the price will be dictated by human decisions. I'm sure the Saudis and Russians are not looking at Elliot Waves or their associated theories. If they do decide to pump then we are screwed and if not happy days.
If any of you watch any of Fast Money on CNBC there was a suggestion that the timing of the announcement on Friday was a bit suspect check it out here blob:https://www.cnbc.com/98f2cea8-c9d4-4202-9da6-3a1221b48bff
Even as you watch there are so many conflicts amongst the panelists and so many moving parts.
While nothing is impossible calls for BPT to go to $0.15 are a little OTT
Just trying to add perspective.
Cheers
BW
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Last
$1.49 |
Change
-0.010(0.67%) |
Mkt cap ! $3.399B | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.50 | $1.48 | $8.333M | 5.590M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 378774 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 127826 | 5 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| BPT (ASX) Chart |