Always good to read others opinions. Me.... i reckon 70c is the bottom and that OPEC will simply not allow its only decent source of income to fall below this level. 70.oo is high by historical standards (past 5 years) but allowing for inflation is below the price reached in 1980. I estimate that crude will rise all week and into next with a few bumps along the way. So for me BPT at 72c is a strong buy for those who believe in oil.
are we at the bottom, page-10
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Last
$1.56 |
Change
-0.005(0.32%) |
Mkt cap ! $3.547B | |||
| Open | High | Low | Value | Volume |
| $1.55 | $1.57 | $1.54 | $6.996M | 4.488M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 50705 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 136978 | 4 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BPT (ASX) Chart |