Perfect market conditions for Beach Energy to get some traction in the share price and finally hit value. It seems the cappers days are numbered and last week we all saw that play out. A Big reversal played out and our share price finally cracked $1.70 resistance and moved beyond. It is going to take a few more solid days to get to $2, they will keep trying to hold it back IMO. Although in these market conditions with news that Ukraine could be drawn out another year or more and energy problems all across the globe, there has never been a perfect time to get a significant re rate imo. This could be a $4 stock at some stage this year if conditions stay the same as expected and quarterly updates are above expectations.
Perfect market conditions for Beach Energy to get some traction...
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Last
$1.68 |
Change
0.000(0.00%) |
Mkt cap ! $3.815B | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.69 | $1.67 | $5.716M | 3.405M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 116859 | $1.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 328028 | 46 |
View Market Depth
| Last trade - 15.50pm 31/05/2024 (20 minute delay) ? |
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Last
$1.67 |
Change
0.000 ( 0.20 %) |
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| Open | High | Low | Volume | ||
| $1.68 | $1.69 | $1.67 | 1795896 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| BPT (ASX) Chart |