In a muddling through world scenario and with China holding up - Beach should be going past well north of $1.30 by year end. IMHO.
It is not everyday that we come across a stock/sector with seriously undervalued assets and realiseable high growth potential not too far out. AS usual here in OZ - the professional funds come in late and come in together [it's the comfort factor]. Sometimes the offshore funds come in earlier. Until these guys move - which they eventually will IMO - we won't see the big SP appreciation.
OK with me - I have patience and will be sitting tight a very happy chappy.
Good luck all. GB
2mmscf flow, page-18
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Last
$1.27 |
Change
0.015(1.20%) |
Mkt cap ! $2.897B | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.30 | $1.26 | $9.725M | 7.622M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 135823 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 50000 | 2 |
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