This has played out exactly the same way that EVN did (be it a gold company).
Clearly the market does not like high CAPEX spend for future growth right now.
It is starting to look a bit oversold now though.
Ann: Beach Energy Ltd FY21 Results Presentation, page-16
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$1.54 |
Change
0.015(0.99%) |
Mkt cap ! $3.501B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.55 | $1.50 | $10.73M | 7.023M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25391 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.54 | 39714 | 3 |
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