it seems if you hold on through to 2013, you could do very well out of this stock.
In closing the loss making businesses, improving balance etc, BSL are forecast to make a reasonable net profit of approx $130m in 2013 and around $230m in 2014 (credit suisse numbers).
Macquarie forecasting debt to fall to approx $400m.
So, with renewed management focus, i think we may well see the lows with this raising.
i'll be looking to buy in to the story over the next few weeks. Classic recovery story.
post cap raising share price, page-20
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Last
$22.12 |
Change
0.230(1.05%) |
Mkt cap ! $9.713B | |||
| Open | High | Low | Value | Volume |
| $21.89 | $22.29 | $21.82 | $19.86M | 898.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6555 | $22.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.15 | 834 | 2 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| BSL (ASX) Chart |