BPT 0.63% $1.60 beach energy limited

So, you speculate on the reversal of the policy following the...

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    So, you speculate on the reversal of the policy following the Lattice purchase - reducing the debt exposure. With the debt exposure now effectively zero, you think that the BPT board will sacrifice company cashflow likely to enter growth opportunities in play now (Cooper basin, Perth basin, Otway basin onshore/offshore, Taranaki basin etc) by entering a huge debt play into the GBJV. This GBJV buy will need to be priced at bargain basement levels. How else could they justify putting everything else at risk !!!
 
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