BPT 2.04% $1.50 beach energy limited

Goodbye BPT from the Portfolio, it's been wonderful but it's time to go

  1. 362 Posts.
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    BPT has been my most profitable share over past 3 years. Bought in at 75c, then kept buying down to 62c. I remember an analyst ptting a price target of 53c on it. I think he (wouldn't be a female obviously) is on Jobseeker now.

    I sold my last holding today due to these reasons:

    1. Can't see any rebound coming in Oil & Gas for a while. I think the immediate oil price risk is downwards as there is simply not going to be enough places to put the stuff.
    2. No hedging except for the contracted gas price which are finishing soon.

    Will probably look to buy back in later but for the moment it is sayonara and auf wiedersehen.

    Thanks to the team at BPT for the great ride.
 
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Last
$1.50
Change
0.030(2.04%)
Mkt cap ! $3.422B
Open High Low Value Volume
$1.46 $1.50 $1.45 $33.59M 22.43M

Buyers (Bids)

No. Vol. Price($)
3 179556 $1.50
 

Sellers (Offers)

Price($) Vol. No.
$1.50 187151 4
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
BPT (ASX) Chart
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