bpt shedding "junior status" Interestingly BPT's shareprice has held remarkably firmly, despite the capital raising announcement. I guess the success of the two Kenmore wells in BPT's 100% Bodella field helped arrest any decline + the current drilling of Semaphore.
That notwithstanding, I think the market is cautiously optimistic re BPT's expansion plans.
If BPT can use its funds wisely it will end up the major player in the Cooper Basin and will attract a lot more institutional interest as it upgrades from Junior" status to something much more mature
huge capital raising, page-12
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Last
$1.24 |
Change
-0.010(0.80%) |
Mkt cap ! $2.828B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.26 | $1.23 | $6.274M | 5.058M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 87977 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 23630 | 1 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| BPT (ASX) Chart |