BPT 0.32% $1.54 beach energy limited

THE ONLY WAY IS UP., page-131

  1. 3,584 Posts.
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    "...should run to $2 very fast"

    Firstly, the word 'fast' is modifying the word 'run'. Run is a verb so you need an adverb: should run to $2 very quickly.

    Secondly, ease up turbo, BPT was punished for a reserves downgrade and also for its planned capex spend. It will require a change in sentiment to rise and probably time. Time would bring its capex projects into production and should bring gas shortages locally and perhaps in Asia.

    Thirdly, the mention of $2 is triggering because I held at that price and later took a much lower profit.

    The current price is still cheap I reckon given the location of BPT's gas reserves.

    Good luck with your investments mate and hope to read more of your posts.

    IMHO DYOR
 
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