I have owned a lot of BSA a number of times in past 7 years. It always seems to provide trading opportunities. I held some 1.5m shares until selling following their announcement of FY2010 results. I sold in the 25-27 cent range. It proved a premature sell with stock then rising above 30 cents. I too thought the stock cheap, however I also became concerned that they had won a very large contract for the new St John of God hospital Perth. The stock rallied on the news, but I saw this as a potential future problem. I live in perth and have seen many contracting companies come undone by the booming WA market. They often underestimate costs and get caught in costly overruns. I have no idea how the contract is structured or performing. More recently the bad news on what is widely regarded as Australia's greatest contracting company, Leighton, gives us all a reminder of how hard it can be. Whilst BSA has a sound balance sheet, it is not large enough to weather a major overrun on this contract. therefore feel that a high risk premium warranted on the stock.
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Last
97.0¢ |
Change
0.020(2.11%) |
Mkt cap ! $70.99M |
Open | High | Low | Value | Volume |
97.0¢ | 97.0¢ | 97.0¢ | $967 | 997 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3 | 97.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
98.5¢ | 500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3 | 0.970 |
1 | 20000 | 0.965 |
1 | 21888 | 0.950 |
1 | 21505 | 0.930 |
1 | 5500 | 0.900 |
Price($) | Vol. | No. |
---|---|---|
1.000 | 20013 | 4 |
1.060 | 4250 | 1 |
1.100 | 12670 | 2 |
1.110 | 1940 | 2 |
1.200 | 6480 | 1 |
Last trade - 15.20pm 27/09/2024 (20 minute delay) ? |
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