"(1) The hedging which had a price ceiling on it. That has now been lifted and they are now able to take advantage of the high prices of oil.)"
Champ,
From what I was told, and from memory, BPT had about a third of the production hedged at around the $80 US mark, (I can stand correcting if it is wrong, but I am confident that it is right), and the rest (remaining 2/3rd was sold at market.
If that was the case, how can it be better to be out of the hedging now???
Buddy
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Last
$1.16 |
Change
-0.005(0.43%) |
Mkt cap ! $2.646B | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.19 | $1.16 | $12.65M | 10.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 187327 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 40000 | 2 |
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| Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
| BPT (ASX) Chart |