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
The one tthing the market doesnt like about Beach is its debt...
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Last
$1.27 |
Change
0.015(1.20%) |
Mkt cap ! $2.897B | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.30 | $1.26 | $9.725M | 7.622M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 135823 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 50000 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BPT (ASX) Chart |