BPT 0.39% $1.28 beach energy limited

price sensitive announcement, page-13

  1. 142 Posts.
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    Captain
    Can you give me your take on the credit situation with BPT? They borrowed heavily for Delhi(?) and have reduce revenue due to BMG, could it be that this is why everytime the DOW drops due to subprime BPT gets hit? I'm not up on how they have structured their debt but I remember reading an article that mentioned that people were not happy with the amount of debt they are carrying. I expect that IF BMG news is good then sp will be around 1.60 and that will be my exit. I've been in since sp was .80 so that will be enough for me.

    Cheers
    CD
 
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