The gas prices are surging as we speak. Up another 7%. With news Russia is halting gas supply to Germany and other EU countries including Italy. It’s going to be a tough winter in the EU. In the US as well considering they are releasing a lot of their strategic oil reserves and will continue to do so up until November mid terms. They are now at just 30%. As long as oil and gas prices stay high and close to records then the beach share price will continue kicking goals. We will see the financial benefits of these high prices in around a months time when the quarterly is released. My expectation is still $2 in the short term and possibly double this to $4 by the end of the year.
BPT target price, page-6
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Last
$1.45 |
Change
0.020(1.40%) |
Mkt cap ! $3.307B | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.46 | $1.44 | $6.124M | 4.220M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 35145 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 92728 | 4 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| BPT (ASX) Chart |