Just bought some at 1.33. It’s a punt, thought I would quickly take advantage of this price drop. The only research I’ve done on this stock relates to its low PE value i think it was around 6 at one stage, and no debt. It has some growth options and Peter Switzer is still recommending. No doubt this stock will get some coverage from the brokers discussing latest drop. Let’s hope it’s a short term drop. The March 20 low was about 1.20. So I feel reasonably safe.
Anyway now that I’ve bought I better go and do some research. Yeah I have it arse about but still feel confident. Brent around $68 also helps.
News: BPT UPDATE 1-Australia's Beach Energy warns of asset downgrade as oil output shrinks, page-9
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Last
$1.31 |
Change
-0.010(0.76%) |
Mkt cap ! $2.965B | |||
| Open | High | Low | Value | Volume |
| $1.31 | $1.32 | $1.29 | $3.158M | 2.420M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 57571 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 169618 | 36 |
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| Last trade - 11.48am 20/08/2024 (20 minute delay) ? |
| BPT (ASX) Chart |