BPT 0.32% $1.54 beach energy limited

beach is a strong buy, page-104

  1. 11,357 Posts.
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    BPT has now entered safe haven territory. Especially in these markets. Funds have to park their money somewhere, even in horror market conditions. Precious metals, oil and gas and a few other commodities will see all the liquidity flow to them. More good news is that we have seen the worst of shorting on this stock during the past couple of years. The shorters will have no shortage of sectors to short during the next few years with many sectors set to struggle. BPT will be one of the last options on the table for them. We have Positive cash-flows, increasing production, more stable management and oil and gas prices which are expected to stay high for months and years ahead. Plus the beginning of the forced shift from renewables back to fossil fuels and efficiency. It is a great time to be holding imo.
 
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Last
$1.54
Change
-0.005(0.32%)
Mkt cap ! $3.513B
Open High Low Value Volume
$1.56 $1.57 $1.54 $6.973M 4.508M

Buyers (Bids)

No. Vol. Price($)
1 23310 $1.54
 

Sellers (Offers)

Price($) Vol. No.
$1.55 6252 2
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Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
BPT (ASX) Chart
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