oil rises BPT falls remember.....my golden rule!
what concerns me (as i am waiting for a much lower re-entry) is
1) BPT not linked to POO, nor has been since DLS really
2) has gone up strong the last few day (4-6%) vs peers and vs POO
last time (2) occurred....was during the lead up to the 1.25:1 offer for DLS.....so...probable reasons
- artificial p&d to raise price prior to another t/o
- insto P&D to offload stock
- another step down in stock price heading our way (similar to when it was trade bound around 60c mark, then stepped down sharp to 52-56c range.)
any m&a will hammer BPT, took mths to recover slightly from DLS....but i wouldnt mind a 30's entry....
if OPEC carries on its tradition of rebuttal.....sub 50c for sure...ORG and WPL starting to look appealing....may go there
GLTAH
Ann: Monthly Drilling Report August 2016, page-34
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Last
$1.28 |
Change
-0.005(0.39%) |
Mkt cap ! $2.920B | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.29 | $1.27 | $4.172M | 3.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34600 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 308421 | 5 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| BPT (ASX) Chart |