BPT 0.39% $1.28 beach energy limited

is now the time to double-up on the beach?

  1. DSD
    15,811 Posts.
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    Shell has accepted cash offer from BG. AOE likely to foolow. Brings BPT's 40% share in AOE into strong consideration. potential suitors include AOE, STO, WPL along with overseas petroleum producers. Have held BPT for past 2 months. Going great with its oil and N.Gas production. POO slowly increasing from its lows. OPEC scheduled to cut again on 15 March. BPT is still cum-dividend.

    In view of the above my query is: Is NOW the time to double-up on the Beach??
 
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