I noticed earlier this week an article on Beach Energy put out by Fairmont Equities. They seem to think it could reach 0.90 cents in the short term.
This actually seems a bit conservative to me, if the oil price continues to rise over the next six months (as seems quite likely) you would assume most oil and gas stocks would continue to get dragged upwards as well.
One energy stock that looks like a great short term trade
Beach Energy article
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Last
$1.52 |
Change
0.030(2.01%) |
Mkt cap ! $3.467B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.53 | $1.50 | $7.728M | 5.090M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23869 | $1.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 451692 | 3 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| BPT (ASX) Chart |