When valuing Drillsearch and Beach , how much do you ascribe to the Nappamerri Trough , any ?
It looks like it will always be a high cost field , possibly only sweet spots will ever be commercial and even then only if the LNG takes off as expected and cheaper gas is not found elsewhere in Australia .
I bought into Icon a while back and am 60% down and am holding onto it mainly because it has a gas sales agreement and on the off chance of M&A activity .
Now hold DLS . Like Beach they have proven they can grow organically .
Am impressed by the management of both DLS and BPT and kind of hoping DLS extend their reach beyond the Cooper .
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Last
$1.23 |
Change
-0.005(0.40%) |
Mkt cap ! $2.623B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.25 | $1.22 | $4.348M | 3.529M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 124006 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 2605 | 1 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| BPT (ASX) Chart |
