has all the technical signs , rising price on rising volume
go well, go shell , I mean Beach
Attachment 12109
I guess it could be a little overbought right now tho.... but still this is good.
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has all the technical signs , rising price on rising volume
go well, go shell , I mean Beach
Attachment 12109
I guess it could be a little overbought right now tho.... but still this is good.
Oil (depending on which variety of course) at least the one I follow is over $50 US/barrell. So much end of the world 6 months ago! Even six weeks ago BPT was only $1.15 I think it will correct here a bit maybe but appears very bullish in the medium term. So am taking half off the table. at $1.90 (30% in 5 months.)
went back almost to 1.60 but oil remains strong and so has bounced back up quickly to hit 1.70 again today.
my rebuy limit at 1.62 wasnt hit. :(
wtf ?
guidance only down 50 odd million EBITDA and share price down 22% ?
That greedy Mr Market obviously expected something much better!
Edit: Beach reviews its reserves.
https://www.abc.net.au/news/2021-04-...ress/100106150
price went as low as a dollar! and now back to 1.40.
wow this is some volatility. glad I took some off the table much higher ,
It is simply amazing that this share can fall so fast and then rise up again so quickly. its been over $2.00 in the last year and as low as 1.01
Good on ya.
I think only 1 in 250 cars are electric so far. this may be a little dated but you get my drift - and it is projected that even in 20 years there will still be 2/3 ICE motor vehicles and only one third electric. Australia is still using two litres of petrol per head per day
Australia STILL produces more than 3/4 of its electricity from non renewable energy sources mostly coal and some gas.
yes thats a good point. possibly an options market exists as well I hadnt looked. anyway I must just remember to be a bit more courageous when others are fearful.
Much as I like petrol cars with increased carbon taxes and environmental standards (esg) coupled with an s curve uptake of new energy mobility most fossil fuel investments will end up stranded. Check out Tony Seba.