BPT 2.52% $1.63 beach energy limited

I am in a minority here to say the least.When i saw the pricing...

  1. 1,779 Posts.
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    I am in a minority here to say the least.
    When i saw the pricing around the 1.50 i bought in heavily and my exit was a bit before lunch today.
    I trade sure, how ever i love everything about this company similar to S32.
    You buy these companies on these types of reports you will always do well.
    I think BPT has very sound management.
    Reading the details of the delays, it is to a point of ridiculous, fire suppression units, over compaction of pipe line...dear god...complete rubbish....and BPT can not be blamed for that.
    I understand frustration, but the contractor should be reemed on this sought of incompetence.
    I have no doubt BPT will be north of $2 in due course, this will be a buying opportunity when all the dust settles but the details of the delays and CAPEX blow out may very well be one for the courts from my experience within development.
    Although i am not a fly on the wall in the board room im sure a lot of bottles of red would have been sunk before this report came out and the "he said she said he saw a WTF" would have been bantered around.
    For long term holders, hold the faith and traders enjoy the comedy show as he makes us a lot of cash.
    Its a cash cow in the making, a div dream and i would not be surprised in the slightest if BPT goes under the hammer like BLD and so on and so forth.
    Good company, great management, bad report...bah...means very little....
    All the best to long term holders and traders alike.
 
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Last
$1.63
Change
0.040(2.52%)
Mkt cap ! $3.707B
Open High Low Value Volume
$1.61 $1.63 $1.61 $15.08M 9.321M

Buyers (Bids)

No. Vol. Price($)
3 126798 $1.62
 

Sellers (Offers)

Price($) Vol. No.
$1.63 25140 3
View Market Depth
Last trade - 16.10pm 09/05/2024 (20 minute delay) ?
Last
$1.62
  Change
0.040 ( 2.20 %)
Open High Low Volume
$1.61 $1.63 $1.61 4232594
Last updated 15.59pm 09/05/2024 ?
BPT (ASX) Chart
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