They are talking about releasing 180 million barrels over the next 6 to 12 months.
The reality here is BPT has been getting a free ride over the last 9 months on higher oil and gas prices and this has been masking the declining production volumes.
If oil and gas prices do return to normal levels BPT will need to get their act together and start delivering or the share price will drop again.
They have recently promised a lot but are yet to provide evidence that they are delivering.
THE ONLY WAY IS UP., page-2229
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Last
$1.19 |
Change
-0.025(2.06%) |
Mkt cap ! $2.714B | |||
| Open | High | Low | Value | Volume |
| $1.22 | $1.23 | $1.19 | $6.737M | 5.602M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 165140 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.21 | 262552 | 6 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| BPT (ASX) Chart |