There were two big crossings in BPT at 11.09 am yesterday. One with 1,000,000 shares at $1.5275
and another 9,535,352 shares at the same price. From that point on, BPT shares started to rebound. The news that US attacked Yemen came in around 11 am.
Two years ago, a lot of people thought Russia will not invade Ukraine. Russia did and sent the oil price up and up. Today, the oil price isn’t pricing enough on the risk of Iran blocking the
Strait of Hormuz of which about 20 million barrels of oil passes through. Iran is a rogue state and unpredictable. A few days ago, Iran seized an oil tanker in the Gulf of Oman. The chances of Iran escalating the fighting in the Middle East is real. I don’t think the problems will just disappear. A lot of oil infrastructure in Middle East could be at risk. Houthis and Iran has the means to do a lot of damage. They have done this before. They will do it again.
There were two big crossings in BPT at 11.09 am yesterday. One...
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Last
$1.48 |
Change
-0.030(1.99%) |
Mkt cap ! $3.364B | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.50 | $1.46 | $12.93M | 8.783M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 289169 | $1.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.48 | 468179 | 14 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| BPT (ASX) Chart |