Just thinking the same thing. 10%+ EBIT upgrade and we're still lower than we were 2 days ago. Underperforming the XJO 10%+ on a 6 month timeframe and down 25%+ from the high of $26.15. We are not an iron stock moron market. What info is being priced in is beyond me. US hot rolled steel is down only 2.5% from its peak and everyone gets all antsy about peak steel... It is still up 280% since April last year and around double the previous peaks in 2010 and 2018. Perhaps higher energy input costs are a worry and of course there is Evergrande. Interested to see brokers reaction to the profit upgrade tomorrow, could wake up this sleepy market
Ann: BlueScope increases 1H FY2022 earnings guidance, page-6
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Last
$21.53 |
Change
0.310(1.46%) |
Mkt cap ! $9.474B | |||
| Open | High | Low | Value | Volume |
| $21.45 | $21.74 | $21.32 | $26.68M | 1.238M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5304 | $21.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.55 | 5000 | 1 |
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