BPT 1.20% $1.27 beach energy limited

Always good to read others opinions. Me.... i reckon 70c is the...

  1. DSD
    15,809 Posts.
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    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.
 
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