BSL 0.05% $20.86 bluescope steel limited

future prospects, page-12

  1. 496 Posts.
    Nick,

    I'm working off memory here, so please forgive me it the numbers are not exact.

    At the time of pre-consolidation, the SP was around 40 cents. Consolidated equivalent being $2.40. The SP is now $5.14 equivalent to 85 cents in pre-consolidated terms.

    OK..I appreciate that your average by price is still above all of those numbers, but BSL has effectively doubled in value since consolidation. Sounds like the SP needs to get to $8 before you break even. Sad to say, but you might be a long term shareholder for a little longer.

    T.
 
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