BPT 0.99% $1.51 beach energy limited

Let’s work this out. Reg said “Our move to 100% ownership of the...

  1. 19 Posts.
    Let’s work this out. Reg said “Our move to 100% ownership of the Bodalla oil fields and the resultant quick returns have already shown the benefit to shareholders of acquisitions, and we are regularly on the look-out for similar opportunities – whether they be farm-ins, the purchase of new acreage, or other growth avenues”

    Hands up those who feel a company needs 30 million for farm-ins.
    Hands up those who feel a company needs 30 million for the purchase of new acreage.
    Hands up those who feel a company needs 30 million for ‘other growth opportunities’.

    Everyone in the third group?

    C’on beach, just admit you’re in takeover mode. This is a very poor effort at hiding what you are doing…

    As for the 33c mark, by the time you deduct the takeover % from beach’s price 33c might well be fair market value.

    J-Fo
 
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$1.51
Change
-0.015(0.99%)
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Open High Low Value Volume
$1.52 $1.53 $1.49 $2.226M 1.484M

Buyers (Bids)

No. Vol. Price($)
41 83785 $1.50
 

Sellers (Offers)

Price($) Vol. No.
$1.51 111284 28
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