WPL is behaving similarly, so I think it relates to the fossil fuel sector being out of favour.
There is hope though, thermal coal stocks like NHC used to do the same but now are rocketing because the coal price outperformance was just too much to ignore.
JKM LNG is now rocketing and Brent is ok, so sooner or later, WPL and BPT sp will not be able to ignore it.
Hopefully later, so I can take profits on coal and put it into POO/LNG for a double whammy.
Falling from grace, page-2
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Last
$1.27 |
Change
0.025(2.02%) |
Mkt cap ! $2.885B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.27 | $1.24 | $4.431M | 3.535M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 115278 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 43307 | 4 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| BPT (ASX) Chart |