BPT 0.00% $1.55 beach energy limited

Ann: Business Update, page-59

  1. 1,828 Posts.
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    Will be back to $2 in no time, that’s a good 100% gain. During a recession or collapse, always good to buy quality beaten down stocks especially ones that are caused by health crisis. Oil normally bounces back hard, the more that Saudi pours more oil, the better it drives the nail in the coffin for its competitors. This causes shut ins and helps stabilise oil price. All imo.
    Last edited by Filosophersbone: 31/03/20
 
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