I'd speculate Elon will just buy the mine/resouce and own the whole supply chain to stay competitive if he has too.
I am not looking to puchase any BPT at this stage, just follow the stock. I was expecting more push back against the gas industry when labour came into power, it appears I was wrong there.
Off memory just after I sold, members had sold large stakes in the company and then downgraded resource estimates a couple of weeks later. I would call that bad management, however they have made quite a lot of progress since I sold.
The 'transition' to renewables in Aus seems to be more media articles than actual progress, so invetably the demand/supply of gas will come to a crunch point.
(speculation )
I'd speculate Elon will just buy the mine/resouce and own the...
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Last
$1.31 |
Change
0.030(2.35%) |
Mkt cap ! $2.977B | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.31 | $1.26 | $16.61M | 12.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4210 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 51520 | 5 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| BPT (ASX) Chart |