BUL 7.14% 5.2¢ blue energy limited

Low Aud$ = Buy Australian if O'Seas?, page-3

  1. 7,796 Posts.
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    Unless you're paying for your mother's funeral, why would one sell BUL at these low prices? It doesn't make sense. Reasons of necessity to sell aside, this is surely a fantastic buy. Are the broker's research papers that far off the mark??? I doubt it. BUL's MC is now lower then some of these others who haven't even got bloody gas flows to prove up reserves!!!

    The gas market continues to tighten and the players (who are small in number) with gas to sell to the majors (who need it!) will all be targets in one form or another. As has been observed on this thread before, none of the "juniors" with gas to sell have yet been bought, or merged with, or some other arrangement, so it's not just Blue Energy.... The dominos will start to fall sooner or later ...

    Kip
    Last edited by Kipper01: 13/08/18
 
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