BPT 1.20% $1.27 beach energy limited

The great news was well known before bpt released it to market.I...

  1. 621 Posts.
    lightbulb Created with Sketch. 51
    The great news was well known before bpt released it to market.I read about it on another thread.
    The large orders going through late last week were in anticipation of the market release so they are now unloading and taking their profits.
    This does present an opportunity for us to accumulate at these lows.
    The price should be well north of where we are now.
    As for whether the economics of this well will stack up i would point to world prices for lng as that is where the gas will go.Not the east coast domestic market.
 
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