I've said before, looking at the purchase support, the threshold for BPT is 60c. Anything below is a buy. I also said I didn't expect it to fall below 60c but with oil taking a hit as big as it did recently, anything is possible.
I wonder how long the shale oilers in the US can keep up the "beggar thy neighbour" level of production. I think they would've already pulled back on output by now but they're being driven by the demon bankers to service the debt that they compounded with their ponzi style discover-cap-borrow-discover model.
Ann: Monthly Drilling Report June 2017, page-13
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Last
$1.52 |
Change
0.003(0.16%) |
Mkt cap ! $3.507B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.55 | $1.50 | $6.928M | 4.534M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 163716 | $1.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 57276 | 19 |
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| Last trade - 13.36pm 12/07/2024 (20 minute delay) ? |
| BPT (ASX) Chart |