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
-
- There are more pages in this discussion • 2,292 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BPT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.45 |
Change
0.010(0.69%) |
Mkt cap ! $3.307B | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.45 | $1.42 | $11.95M | 8.340M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20236 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 219362 | 9 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| BPT (ASX) Chart |