As I understand it, which of course is ‘not greatly at all’ —
The oil market is smart.
It is very mature and the participants very seasoned, & this is not a hype type market as perhaps something like lithium became with stocks able to be hyped or rally excessively on general holders sentiment or thoughts. Something like this.
Corrupted as it also might be and unfortunately big holders and money in charge, + factors wrt global oil prices we cannot simply surmise. US oil production also is now significant?
But I have bought OOO. Lucky only to have bought STO before the merger news when it got so wrongly low.
And ever monitoring and following.
Beach should and will have bigger future surely. The assets so important into the future, though the reality is where it is right now.
As ever, wishing us all all the best in our investments.
Beach Energy Limited, page-403
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Last
$1.28 |
Change
-0.005(0.39%) |
Mkt cap ! $2.920B | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.29 | $1.27 | $4.172M | 3.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34600 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 308421 | 5 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| BPT (ASX) Chart |