I've been saying for ages they needed fresh blood from outside to run this company properly and finally Stokes has had enough and made the change.
I still maintain the biggest issue for the company is the falling reserves as this seriously needs to be addressed by acquiring new assets.
The reserve statement will be the key thing the analysts will be looking at in next weeks full year results.
All this talk about 6 to 10 cent future half yearly dividends is total fantasy as yes in 2 years time the company might be generating that level of surplus cash but it will all be needed to invest in new assets as the company has only got around 13 years of P2 reserves left and most of that is Gas and not oil.
I do see this change as a positive step forward for Beach.
- Forums
- ASX - By Stock
- BPT
- Ann: Appointment and Departure of CEO
Ann: Appointment and Departure of CEO, page-4
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BPT (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.17 |
Change
-0.010(0.85%) |
Mkt cap ! $2.669B |
Open | High | Low | Value | Volume |
$1.18 | $1.20 | $1.17 | $10.32M | 8.738M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 121320 | $1.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.18 | 43295 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 121320 | 1.165 |
14 | 275547 | 1.160 |
5 | 34638 | 1.155 |
9 | 103216 | 1.150 |
3 | 37343 | 1.145 |
Price($) | Vol. | No. |
---|---|---|
1.175 | 43295 | 6 |
1.180 | 66767 | 5 |
1.185 | 165203 | 4 |
1.190 | 79070 | 3 |
1.195 | 41616 | 3 |
Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
Featured News
BPT (ASX) Chart |