BPT 1.02% $1.49 beach energy limited

Dear Melinvest and other clingonsInteresting comment about share...

  1. 742 Posts.
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    Dear Melinvest and other clingons

    Interesting comment about share consolidation. While share price is not always in direct proportion to market cap. (BHP v RIO for example). BPT and other $1 wonders are always on a roller coaster ride. Must do something about this vulnerable side to BPT.

    Your average bread and butter fund manager is always hestitant to throw OPM at $1 wonders. Especially stocks just outside or just inside the ASX 200. SP consolidation makes good sense.

    Do you see BPT having a share buy-back? This would also consolidate share price. Not sure how much spare cash they have after debt consolidation after recent sale though. Whatdoyareckon?

    Anyway Ships ahoy...good news around the jolly horner I hope.

    Love in the suds

    Capt. Goodvibes

 
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$1.49
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