BPT 1.42% $1.39 beach energy limited

how to put stop to an uptrend, page-8

  1. 32 Posts.
    I agree, I have stayed in Beach for years, and it seems when ever make a discovery the price goes down. I think more and more it is a game between the funds. For instance in 2007 seven of the top ten shareholders in Fairfax, were the same as in Beach. When this is spread across the board, the play can become quite complex, like playing 3D chess. It is not a matter of good constant dividends. They would prefer to leap from one company to the next, bagging 20% in a week on share increase. In other words they have little interest in oil, gas, or coal seams. By influence you keep the price down, then raid it, spruke it then sell. Which means Beach is very cheap, and the funds may be about to ride on it. I view the $5000, and the bonus issue a winter Christmas present!
 
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2 12260 $1.39
 

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Price($) Vol. No.
$1.40 129810 7
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