BPT 0.30% $1.66 beach energy limited

conocophilips to take over bpt?

  1. 445 Posts.
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    With all the coal seam gas problems, BPT would be a very handy aquistion for conoco's Gladstone LNG supply.
    BPT will supply one train of Santos' LNG project, but there will still be heaps left over.
    Now is the time for BPT to be taken over because they are by far too cheap.
    BPT look like they will be $1.20 within a month, but should be $3 to $4.
    They were $1.60 odd about 4 years ago & their assets & holdings are worth 3 to 4 times more than then.
    In the current stock market climate, BPT should be a shining light in the next 6 months for anyone serious about making money.
 
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