It is obvious that covid has depressed energy stocks and will continue to depress until covid passes, as demand for energy is low. At the same time it's obvious that covid has impressed / excited the green and tech sectors to ridiculous highs, pushed by world covid lockdowns.
As government debt rises caused by covid, the green and tech stocks keep gaining. and it's clear goverments can't keep raising debt levels, this will stop when the covid crisis is gone.
Rebuilding economies to a dream clean energy future will required Oil and Gas. Under-investment and higher demand for fuel will drive prices higher.
stock price target $1.97, page-314
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Last
$1.52 |
Change
0.015(1.00%) |
Mkt cap ! $3.456B | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.55 | $1.51 | $11.06M | 7.274M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 131507 | $1.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 233791 | 5 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| BPT (ASX) Chart |