BPT 4.25% $1.47 beach energy limited

I have repeatedly said 60 cents as major support and we are...

  1. 616 Posts.
    I have repeatedly said 60 cents as major support and we are nearly there. Now the danger is if it penetrates 60 and below than 30 cents is the next down target. This is the very reason i am only placing 50 % of my buy at 60 and the next 50 % at 30 so that my average entry is at 45 cents.

    There is also a big risk of BPT getting oversold and collapsing under all this doom around us and yet i would take my risk at 60 and later at 30 cents.

    Rags
 
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