I can see the bearish narrative on POO short term rolling out . But then as demonstrated in 2020 all these drops in consumption are not permanent…what is permanent instead is the chronic lack of capex spend which inevitably will create a supply shortage especially on the gas side. Last LNG train in OZ was inpex sanctioned in 2011…we have pretty much a 10 years black out…in 10 years what is the world population growth…how many coal PP been shut down…renewables growing but can’t offset yet the drop from coal, it’s going to be a significant shortage at some point. One option could be to sell and then pick the bottom, how easy is that to achieve ?
THE ONLY WAY IS UP., page-25
Add BPT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.59 |
Change
-0.010(0.63%) |
Mkt cap ! $3.627B | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.62 | $1.59 | $15.07M | 9.421M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 154568 | $1.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 13954 | 2 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.60 |
Change
-0.010 ( 0.62 %) |
||||
| Open | High | Low | Volume | ||
| $1.62 | $1.62 | $1.59 | 1587849 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| BPT (ASX) Chart |