BUY 11.1% 0.4¢ bounty oil & gas nl

Nothing wrong with BUY. You may be feeling like the poor cousin...

  1. 1,214 Posts.
    Nothing wrong with BUY. You may be feeling like the poor cousin but you're not.
    It will take off with the others eventually. Yes there has been alot said about relative gains to be made by PEP partners and on a pure PEP 11 play maybe the others are ahead.
    But as someone who continually looks at risk reward BUY gives me much more insurance on the downside than the others. all 3 others will fall totally out of bed on 'no drill' BUy will take a hit but not the disastrous hit of the others. MMR will be back to 8c, GBA will be 10c and BPH will be a 1c. BUY will be back to 3c. (Just gut feel guesswork)
    BPH? I defy anyone to give me an accurate descrption of where they are at. The consolidation/new issue is anthing but clear. (it may not even proceed) This current 'book build' by Pareto for Advent is a farce as it looks like BPH is the only buyer. So why are they paying $1.25-1.75 per Advent share?

    Have a look at the BUY depth. Buy sell ratio has been 1:6 all year up til yesterday. Today its closer to 1;1 than it has been for a year. OK it may not be the most popular entry now into PEP 11 but it sure is a good entry with less downside than the others.

 
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0.4¢
Change
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Mkt cap ! $5.994M
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0.4¢ 0.4¢ 0.4¢ $6.008K 1.502M

Buyers (Bids)

No. Vol. Price($)
8 3340135 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 8970624 14
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