No cake here, but I did just polish of a donut gassed.
Today BPTs SP held firm which if I was a TA expert, would be supportive of holding the trend which is higher. A couple more days around the $1.30 mark, then upwards.
(All IMO and most def below average understanding :-)
Auto - I am realistic about what BPT could get taken over for, but I feel it will at the least, when BPT is a 4-5 Billion dollar company. They are sitting on and unlike many will be able to commercialize the 100-250 TCF of recoverable gas (and liquids?) that is in PEL 218 and 855.
Reg has been in the game long enough to make sure that he and the rest of us do well out of Beach.
Out of interest, I was thinking about Santos, why is it that they were not taken out many years ago when they were growing or, perhaps a better way of saying it is, when they were in a similar situation to Beach in their growth profile? This is all just some thoughts of mine.
Does anyone know why they were not taken out by a bigger fish?
Could BPT in fact go the whole way with shale in the Cooper Basin?
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
7 | 166152 | $1.24 |
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Price($) | Vol. | No. |
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7 | 166152 | 1.235 |
4 | 71788 | 1.230 |
5 | 88288 | 1.225 |
13 | 146471 | 1.220 |
3 | 21176 | 1.215 |
Price($) | Vol. | No. |
---|---|---|
1.250 | 198745 | 16 |
1.255 | 83488 | 9 |
1.260 | 242543 | 9 |
1.265 | 109021 | 6 |
1.270 | 211754 | 3 |
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