BPT 5.31% $2.32 beach energy limited

Beach Petroleum - Undervalued?

  1. 9,081 Posts.
    Beach is beginning to show signs of "life" at last.

    A good up move today.

    Macquarie Bank has taken a "substantial" position in the stock.

    This is a producer, not just a rank explorer.

    The recent share restructure is a positive for BPT

    Recent successes (although small) have given this company steady cash flow.

    This is a new look Beach Petroleum - energised, cashed up with a dynamic Cooper / Eromanga exploration programme.

    This minnow could well become another Santos (if it does not get taken over in the meantime)

    The current drilling programme is worth following closely.

    Smart money is moving in.
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Mkt cap ! $5.287B
Open High Low Value Volume
$2.43 $2.44 $2.31 $17.31M 7.385M

Buyers (Bids)

No. Vol. Price($)
5 107150 $2.32

Sellers (Offers)

Price($) Vol. No.
$2.33 287771 10
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Last trade - 16.10pm 13/11/2019 (20 minute delay) ?
-0.130 ( 4.88 %)
Open High Low Volume
$2.44 $2.44 $2.31 2986642
Last updated 16.00pm 13/11/2019 (live) ?
BPT (ASX) Chart
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