BPT 4.62% $1.70 beach energy limited

Ann: Beach Energy FY24 Half Year Results, page-30

  1. 2,851 Posts.
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    So what bit did I get wrong and you got right?
    I had been saying for 3 years the company is being run by weak management but you and several others defended them.
    The biggest shareholder forced the ceo out and the market reacted positively to the news which confirms I was right.
    Not one analyst has a price target over $2 and you all still think it's one big conspiracy to keep the share price low which sums up the limited analytical skills most people have here.
    Having said that I still believe $2 is realistic but we are still a huge way off of getting anywhere near the $3 to $4 that people are expecting.
    People here still don't get that a lot of the valuation is about reserves and not what the production might peak at in 3 years time.
 
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