BPT 1.40% $1.45 beach energy limited

question , page-24

  1. 20,404 Posts.
    lightbulb Created with Sketch. 1990
    Muzzarati
    I know it has been frustrating for medium term holders.I dont mind negative views and actually encourage them if they are based on analysis of the company specifics or macro factors.

    What I dont like is when people who are bitter about their own experiences months or years ago come on to a thread and post 5 straight negative posts. the question was asked about BPTO, he bothers to reply to the post with a whinge rather than a reply to the question.

    Ofcourse not everyone agrees with the value of a stock because at every price there are many buyers and sellers.

    I always look it as a percentage return on my entry, so if it goes to 95 cents that a 38% gain whereas for others it will be frustrating because it wil still be below their breakeven.
    BPT 18 months ago didn't have a shale gas story, oil was not at 82 odd with Tapis even higher.

    I also am a strong believer that success/gains from a stock is not linear, a stock can trade within a range for months and years and may seem to go nowhere and then within months it has added 80% or 100%.

    Everyone has commented on BPT share price weakness, my simple point is this weakness is not correlated to a weakness in fundamentals so I think a BPT purchse is one of the best value opportunities it has been for a while. I also am of a growing belief good results with their shale gas drilling could see a quick re-rate
 
watchlist Created with Sketch. Add BPT (ASX) to my watchlist
(20min delay)
Last
$1.45
Change
0.020(1.40%)
Mkt cap ! $3.307B
Open High Low Value Volume
$1.45 $1.46 $1.44 $6.124M 4.220M

Buyers (Bids)

No. Vol. Price($)
4 35145 $1.45
 

Sellers (Offers)

Price($) Vol. No.
$1.45 92728 4
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
BPT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.