Captn,
I rung up BPT on friday.It was very very interesting, easy to get the right peoples on and straight forward talk.
I had no other choice. I got sick, actually very very sick, when I looked at the weekly chart.
Fridays highlight the low of $1.36 (weeklies high was on monday morning $1.52 )
16c downsell correction,or what ever some will call it.
Any reason ?
End of april BPT was about 1.35 and oil $60 a barrel,
We have now oil at $95 a barrel and BPT looks like will go even lower in the weeks corrections ahead.
I need to think and get some very clear results, who are the beneficiaries on the high oil.
One clear result is, the shareholder from BPT has the last spot. 100% sure.
Average closing price for BPT is about $1.36 in past 3 month.
If a takeover comes and they give a mighty 20% premium, we see about $1.60 to $1.65.
An absolute bargain to get BPT on this level, BUT a nightmare to see this happen as a shareholder.
Cheer's
Captn,I rung up BPT on friday.It was very very interesting, easy...
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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 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BPT (ASX) Chart |