What am I missing here?
Why the BPT price reaction is muted? Oil is going up steadily, new discovery with significant 2P reserves booked in easy tie in commercial location (with surpassing pre-drill estimates). Plus materially enhanced chances of near field discoveries. Strong balance sheet almost no debt.
Mr market time to wake up re-rate before. Cannot stay behind for much longer if logic is a thing.
What am I missing here? Why the BPT price reaction is muted? Oil...
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Last
$1.50 |
Change
0.030(2.04%) |
Mkt cap ! $3.422B | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.50 | $1.45 | $33.59M | 22.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 179556 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 187151 | 4 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| BPT (ASX) Chart |