BPT 1.20% $1.27 beach energy limited

Rudders One quote comes to mind from the master Warren...

  1. 20,483 Posts.
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    Rudders

    One quote comes to mind from the master Warren Buffet

    "Price is what your pay, value is what you get".

    To back smartdude comments I can give you a whole list of things I held for months and years only to cry for years later
    OSH bought 60 cents sold 90 cents
    MCR bought 60 cents sold 70 cents
    MGX bought 55 sold 62 (peaked at 95 that year)

    I can list many stocks however I list these three becuae I was certain of the value but got tired waiting and they are all multi baggers

    The revenue that BPT generate and will generate for years to come allow it to have a go at many things, big drills, shale gas more CB oil and gas,

    Even if you placed a value of 1 million per permit that they hold that in itself is worth 30 cents per share

    Look at the Austrlain property index, for most of the 70 and early 80s it was falt and then whammo

 
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