BAS 2.90% 6.7¢ bass oil limited

General discussion thread, page-13

  1. 27,811 Posts.
    lightbulb Created with Sketch. 3370
    When you find that second best stock in the sector, let us know. lol.
    But there arent too many out there who have such great fundamental foundational growth to their bottom line cash potential today, like adding Worrior 200+ BOPD to existing production, and bring on line the kiwi gas discovery, (economics at the moment will simply be costing the pipes to tie into the available infrastructure), to go with a truly company making asset like Bean Bush PEL 182, rising on the hard work that a MAJOR is doing for us, inferred basis.

    And we are still way to cheap, sub 100m mc. The foundational growth assets should see us supported, and the blue sky is all on Santos. (and the commercialisation strategy...? jv ?)

    Really, its just a matter of patience, and waiting for the next train of alerted buyers to discover where our train tracks are taking us.
    Its always a juggle, of some want to get off that train, because they want to bank some coin, maybe free carry, and re-invest elsewhere, and others who welcome that liquidity so they can get on the train, because it has only just started to get noticed.

    Sometimes its best to look at share price volatility as simply train schedules. If you exhaust either buyers or sellers at a particular time, waiting for the next load of passengers to arrive either from the incoming train, or from the busses that arrived at the platform to get on. One or the other will be driving the sp from oversupply, but that can benefit from a breather, known as a consolidation, then it takes a new leg on the journey.
    Last edited by stevenjd: 23/01/23
 
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6.7¢
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6.7¢ 6.7¢ 6.7¢ $1.005K 15K

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4 166789 6.6¢
 

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6.9¢ 20000 1
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