With respect you cannot say that it is improbable because you are not aware of all the facts only past history. The best you can do is guess which is the best I can do as well.
I respect your opinion and if you are dovish fair enough but you are only dovish and I am making an assumption here, because of past events.
To support that notion before the downgrade a lot of the brokers were upgrading BPT to a buy and had fair value closer to $2.00. Then the wheels fell off.
What is it you know or are predicting that makes you lack confidence in the short term? It's a genuine question.
It is until it isn't and just like the downgrade that no one saw coming no one is going to see the next lot of significant news for BPT good, bad or indifferent.
Cheers
BW
THE ONLY WAY IS UP., page-137
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Last
$1.25 |
Change
0.030(2.46%) |
Mkt cap ! $2.851B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.28 | $1.22 | $15.32M | 12.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 286283 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 39750 | 3 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| BPT (ASX) Chart |