Ann: Change in substantial holding, page-46

hmm southern steel is sitting on 19%,at 20% they must confirm their intentions as posted.
Since the chairman sold out ,the top 20 shareholders have become less of a hurdle for a takeover bid from SS and asociates.
But whether southern steel and asociates make a bid or not I believe the live webcast should be very interesting.
Just my opinion but i believe bsl would have to many issues owning bis.
ps but absolutely bsl establishing a q&t plant in the US with bis imo only makes sense.
ps again,the reason I went long when contracts were announced by govt ,those contracts haven't started yet ie lynx/subs.
Although i have made clear i don't agree with subs,when that SA facility starts to produce 2 subs at a time as per the facility capability the sub steel order will send bis sp thru the roof.Not to mention the phase 3 order and both will happen in a couple of years and the market will start to look forward.
etc other global contracts.
I could keep going.