goldmand sachs had some research out a year or so ago and BPT had a beta of more than 1.0 to the oil price, so BPT is (or was a year ago) more than 1:1 leveraged to tge oil price.
I would say given BPT has lagged the oil proce in recent times then a catch up cpuld occur where BPT moves 2-3% for each 1% of oil price at some point.
no doubt there are more leveraged ways to play oil, but BPT is lower risk and fundamentally undervalued even if oil was only at $50 today
- Forums
- ASX - By Stock
- BPT
- THE ONLY WAY IS UP.
THE ONLY WAY IS UP., page-1454
-
-
- There are more pages in this discussion • 863 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BPT (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.23 |
Change
-0.045(3.53%) |
Mkt cap ! $2.806B |
Open | High | Low | Value | Volume |
$1.26 | $1.26 | $1.23 | $7.192M | 5.787M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 149991 | $1.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.25 | 105817 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 149991 | 1.230 |
5 | 36591 | 1.225 |
5 | 74200 | 1.220 |
5 | 25754 | 1.215 |
4 | 45792 | 1.210 |
Price($) | Vol. | No. |
---|---|---|
1.245 | 75817 | 4 |
1.250 | 155327 | 7 |
1.255 | 103514 | 5 |
1.260 | 128932 | 2 |
1.265 | 11792 | 1 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
Featured News
BPT (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online