Well it looks like oil prices held so I will be suspicious if BPT does not close above $1.80.
There has been plenty of time to consolidate and take positions so there shouldn't be anymore capping.
But what do I know.
I don't want BPT to start getting ahead of itself so good steady increases in the SP would be good.
One thing I will say is that this cycle up in the POO, however long it takes, is most likely going to be the last one as electric vehicles get their act together over the next few years so any spike in the POO that flows into the SP will be an opportunity to sellout of (traditional) energy stocks and look for something new.
It will be interesting to watch over the rest of 2018.
Cheers
BW
Well it looks like oil prices held so I will be suspicious if...
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Last
$1.22 |
Change
-0.025(2.01%) |
Mkt cap ! $2.783B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.24 | $1.22 | $7.103M | 5.809M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 297687 | $1.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 25000 | 1 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| BPT (ASX) Chart |