BPT 0.00% $1.27 beach energy limited

companies in takeover mode dont look at graphs,they look at...

  1. 224 Posts.
    companies in takeover mode dont look at graphs,they look at fundamentals and the fundamentals of Beach are exceptional.The deal with Alinta should have poked SP to around 1.20 minimum-you should see some strong buying this week...my feeling is the large manipulated volumes will slow and some value buying at higher levels will come in.If i was to put a SP at the end of the week i would say 1.23 and who knows from there.Perhaps,as early as next week the company may announce a change in substantial holding.This is a good company,with good prospects making good money-watch the smart money come in
 
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