BPT 1.40% $1.45 beach energy limited

Oil price short term

  1. 2,297 Posts.
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    The one tthing the market doesnt like about Beach is its debt ratio. I think in the short term, as long as oil holds above $80 and the debt payments are expidited, then it should be ok. The company fundamentals are very sounds and it will turn into a cash cow in 2-3 years time. I aint selling this puppy under $2.5 in under 6 months. The price will get there, just need 1) Seven to back it 2) oil above $80 and most important, get i to the asx 100. The last one is critical to get real volume going through this machine
 
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