BPH 5.56% 1.9¢ bph energy ltd

Wooooo Hooooo Go BPH :)$$$$$$, page-33365

  1. 9,428 Posts.
    lightbulb Created with Sketch. 3185
    Let me explain this for you Allan so you can put your mind at rest...

    If 7-11 in Dallas Texas drops it's price for a cup of coffee to $0.10, does that mean the 7-11 in Enmore is going to drop it's price to $0.10? No, it doesn't. Same with gas.

    So, this puts you in a tricky spot doesn't it. Do you just pay the $3 for your cup of coffee at Enmore, or do you head to Dallas and buy one for $0.10?

    Given the cost of flying to Dallas and back is probably $1500, it doesn't make economic sense to do that, same with gas, the transport cost means any potential price saving is lost.

    While you can fly to Dallas and back for a cup of coffee, there is no functioning gas import terminal currently operating in Australia so the only price that is relevant in NSW is the Australian East Coast price.

    Hope this helps.
 
watchlist Created with Sketch. Add BPH (ASX) to my watchlist
(20min delay)
Last
1.9¢
Change
0.001(5.56%)
Mkt cap ! $22.90M
Open High Low Value Volume
1.9¢ 1.9¢ 1.9¢ $5.101K 268.4K

Buyers (Bids)

No. Vol. Price($)
29 7088610 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 827217 9
View Market Depth
Last trade - 12.36pm 28/08/2024 (20 minute delay) ?
BPH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.