I have joined the beach today guys,
A little early, bought in at 88 only to see it trading at 86 about 15 minutes later. BPT is one of many undervalued oilers at present, the diifernce is they pay a dividend which assists one in holding.
I have been watching this for months and never thought it would get this low, however as Hellyeah points out, it may be heading lower. I will average down if it does.
Takeover is a possibility, but there are many oil stocks that are priced by the market at ridiculous levels.
Medium term unless POO or the Stockmarket collapse should be fine.
Good luck
proved probable reserves valued at aud 6 per b, page-11
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 (20min delay)
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Last
$1.56 |
Change
-0.005(0.32%) |
Mkt cap ! $3.547B | |||
| Open | High | Low | Value | Volume |
| $1.55 | $1.57 | $1.54 | $6.996M | 4.488M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 50705 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 136978 | 4 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BPT (ASX) Chart |