LambDU,
Morningstar and other spreadsheet jockeys give a fair value price of double the current share price, even taking the loss of reserves into account.
I think it really is loss of confidence in BPT after so many bad news events.
The sentiment will take a while to change, but the mid-tier aussie gas cohort seems to be out of fashion at the moment - look at STO!
The long term gas prospects for Aus is assured, because gas power generation is the only answer to the green renewable energy shambles.
Nuclear may take that place, but it will be a ling time . . .
So, we hang on and are ever hopeful for a revaluation . . .
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