I tend to agree with JohnnyThunders "no longer a casino chip" quip.
As I've said before, the risk in not making a killing in BPT in the long term is if we just make a great return in the short. The sovereign wealth funds invest like Buffet - identify value, buy and hold. That spells disaster for the financial tap dancers at NAB, Citi and the other pump & dump price manipulators at the *cough* investment banks.
However, finding a company with massive assets, a well funded CAPEX program, professionally run production (how often do you get the announcement of difficulties in the BPT operated stuff!) bringing cashflow in a macro environment of rising prices is gold.
And if some cornerstone investors recognise this, and are happy to sit tight for a decade we might yet get to see something really mind blowing.
In summary, very, very good news for the long term small investor, IMHO.
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Last
$1.47 |
Change
-0.050(3.29%) |
Mkt cap ! $3.353B |
Open | High | Low | Value | Volume |
$1.49 | $1.49 | $1.46 | $11.42M | 7.782M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10000 | $1.47 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.48 | 75145 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10000 | 1.465 |
10 | 117493 | 1.460 |
7 | 149016 | 1.455 |
22 | 389094 | 1.450 |
1 | 18106 | 1.445 |
Price($) | Vol. | No. |
---|---|---|
1.475 | 75145 | 6 |
1.480 | 151244 | 6 |
1.485 | 70543 | 4 |
1.490 | 53106 | 2 |
1.495 | 18106 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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