Beach Energy’s market value shrank another 10 per cent on Monday after the oil and gas producer slashed the value of its Otway Basin reserves and reported a sharply lower profit thanks to lower volumes from its troubled Cooper Basin Western Flank fields.
Wondering if they are laughing at this too in they lunch room.
The Killanoola oil field has been owned by several ********* including Rawson Resources which bought the field back in 2014. However it was never properly commercialised and upside potential from the southeast of the block was never explored.
BPT is been proved wrong more than one time so let’s hope they were wrong with this one too.
Beach Energy’s market value shrank another 10 per cent on Monday...
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Last
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Change
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Mkt cap ! $27.11M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $225.0K | 56.24M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 787103 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 48198615 | 69 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
0.4¢ |
Change
0.001 ( 14.3 %) |
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| Open | High | Low | Volume | ||
| 0.4¢ | 0.5¢ | 0.4¢ | 7619423 | ||
| Last updated 14.44pm 29/04/2024 ? | |||||
| ROG (ASX) Chart |