the real issue here is not PoO (Price of Oil) but BPT SP:
- On Nov 17, 2020 BPT closed at $1,7 and brent future $ 44. Just using a date data point.
- On June 9, 2021 BPT closed at $1,275 (30%) and Brent $ 72 0r 65% UP.
So if you made a decision to buy BPT as a proxy of rising POO one can make the calculation of how poor is the performance of this one.
disclaimer: I am swing trading BPT since JUNE last year 2020.
sights on $100 oil, page-6
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Last
$1.09 |
Change
-0.010(0.91%) |
Mkt cap ! $2.480B | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.11 | $1.08 | $5.486M | 5.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 165637 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 352816 | 63 |
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| Last trade - 14.56pm 11/09/2024 (20 minute delay) ? |
| BPT (ASX) Chart |