I held BPH a long time ago and offloaded the first time the PM decided to opine, so I guess I'm lucky given the current SP and state of affairs. Not here to gloat, hell I'm wearing a similar drop today on an unrelated stock, so commiserations to holders.
If I held BPH today, I'd be asking myself these questions:
- Is the SP intrinsically tied to PEP-11 approval?
- Is a decision to approve PEP-11 likely to affect voters intention next election?
- Irrespective of PEP-11, what is the likelihood of the LNP getting in next election?
- What would the LNP have to gain/lose by approving PEP-11 before next election?
- If Labor get in, how likely are they to approve PEP-11 given they are already consternating over shedding support to Greens, especially in major cities?
I think honest answers to those questions paint a grim picture.
I held BPH a long time ago and offloaded the first time the PM...
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Last
1.8¢ |
Change
-0.002(10.0%) |
Mkt cap ! $21.69M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $8.024K | 440.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 8254969 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 1609078 | 4 |
View Market Depth
| Last trade - 10.01am 04/09/2024 (20 minute delay) ? |
| BPH (ASX) Chart |