Appreciate what you are saying Kangaroo but these company stories are repeated year in / year out and I agree, and said so myself, BPT have had a bit of a shocker especially that period last year with the WGO bid. By the same token some of BPT's problem are not of their own making.
So just like a few bad reports and announcements where the market have drastically changed sentiment towards the company (punished it if you will), some justified and some not so much, let's see if we get the opposite reaction when BPT management start putting things together and get the company back on track so we are acting fair and equitably.
I will say something about your "overseas" comment - you might recall BPT's last foray into overseas fields was a no go and they extricated themselves out of those markets and stuck to their roots and knitting here in Australia which was a successful strategy. They are involved in NZ but that's close enough to being home. I disagree with the notion that Australia has "only so much to give" but do agree BPT needs to do more to grow organically and through M&A.
Cheers
BW
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