BPT 1.42% $1.39 beach energy limited

..oh, well, fatbuck, went to 1.27 and ended up 1.22....the...

  1. 6,257 Posts.
    ..oh, well, fatbuck, went to 1.27 and ended up 1.22....the shorters were all over it again or whoever wants to accumulate cheaply at this level...was quite amusing to watch how hard they tried to push the whale under 1.20...but, alas, it was not to be...maybe next week one more desperate push down towards 1.10???...i don't know but wouldn't be surprised if they tried their hardest cause i think time is running out for opportunistic shortening of the beach....the lowest top up last time was 1.05 for me, doubt however it will get that low...the future i think is looking too bright for the beach to stop it from going up nicely much longer...but it may linger around 1.30 for a while before taking off...hopefully full production of BMG end of september and dividends coming in october should do nicely to put sp in much better shape:))..in the meantime just keep on loading up around this level...how can one go wrong??...cheers, have a good week end...
 
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