This deal hasn't an immediate value impact on BPT. Remember, a successful exploration well is needed for the Ironbark gas-condensate to be a real prospect. But, I do see the farm-in as providing higher impact for the exploration dollar (perhaps higher risk/reward) than some of Beach's older or more risky assets. We've already seen the sale of some of these assets : https://hotcopper.com.au/threads/ann-key-acquisition-of-cooper-basin-interests.3244079/
Ann: Carnarvon Basin farm-in, page-3
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Last
$1.26 |
Change
0.010(0.80%) |
Mkt cap ! $2.863B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.27 | $1.24 | $8.768M | 7.008M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 26415 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 41117 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| BPT (ASX) Chart |