BSL 2.38% $20.62 bluescope steel limited

$6.50 or $8.50 in six months?????????, page-18

  1. 100 Posts.
    re: the cat is not out of the bag or is it!!??---$ We have hopefully by now been given all the bad news. Has anyone heard any rumours about possible positive surprises when they report on Feb 20. For instance is an off-market buyback on the cards again or an increase in the dividend ie in the notice to the exchange Bluescope said that the dividend for the year would be at least 42c hence implying that their could be increases or special dividends. Over the next two weeks I am planning on purchasing some each day to average out the roller coaster ride with the view that it has a chance of rebounding leading up to going Ex-div on Feb 28. I will still most likely hold for the medium term with a 6-12 month outlook on either Mittal or Arcelor taking it over and in the mean time receive what is becoming an extremely good dividend.
 
watchlist Created with Sketch. Add BSL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.