I have said it often enough over the last few years- this is a shocker come production or financial performance reporting day.
Then the market forgets the poor performance and buys the dip and she rises again and... here we are again.
Natural field decline is a thing- you always need to expect that- but this consistently fails to meet guidance.
That said, when do I buy the dip again?
IMHO DYOR
Ann: Beach Energy Ltd FY24 Results Presentation, page-9
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$1.14 |
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Mkt cap ! $2.589B | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.17 | $1.13 | $8.276M | 7.253M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 178931 | $1.13 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 130300 | 2 |
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