BPT 0.79% $1.28 beach energy limited

Ann: Changes to Board Composition-BPT.AX, page-26

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,851 Posts.
    lightbulb Created with Sketch. 1312
    But SXY will have the same problem in that their production will also decline rapidly unless they spend a heap of CAPEX to maintain it.
    SXY would likely cost BPT at least $500M which they do not have.
    They could of course offer shares but that would increase BPT's total shares by approx 50%.

    At some point you have to either spend CAPEX to replenish production or keep acquiring companies which will massively dilute the share base.
 
watchlist Created with Sketch. Add BPT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.