WELL Macduffy
I hope I am right and for a little bit of comfort, a director bought recently, plus if u look at
Beachs Investor information, Euroz have a price target of $1.14 and this has been updated since the BMG downgrade and if oil sits at this price or better, earnings increase coming and then there is Arrow.
All in all, it's looking promising.
"One company cheering on the Arrow deal will be Beach Petroleum.
The sale of its Tipton West assets to Arrow last year came with a couple of kickers, including $70 million in extra cash on change of control in Arrow"
10-Feb-2010
Euroz Securities Limited