A close of around $1.25 will be ok as that is multiple low resistance levels and the tax loss selling stops today.
As long as the oil price holds up we should get a rally from here.
There will no doubt be an impairment charge is the full year accounts but it will be non cash and they have already flagged that its likely to happen.
I bought a few more today.
stock price target $1.97, page-61
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Last
$1.30 |
Change
-0.010(0.77%) |
Mkt cap ! $2.954B | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.33 | $1.29 | $12.40M | 9.492M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 33191 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 78300 | 7 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| BPT (ASX) Chart |