In the book 'Mr China' it was demonstrated that huge sums of money can be lost in China. What is demonstrated is that Western Ways of doing business were not supported (in the book). Bluescope did recently close a plant in the Asian Region. Need to take care gents.
As to other rumours, sources cannot be divulged since they are just that, rumours without the proof at the moment. Although Bluescope did very recently indicate a lower profit in the next six months.
Hope that clarifies things a little.
bluescope falling, page-11
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Last
$19.76 |
Change
-0.750(3.66%) |
Mkt cap ! $8.753B | |||
| Open | High | Low | Value | Volume |
| $20.51 | $20.53 | $19.75 | $15.20M | 761.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 4062 | $19.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.77 | 3649 | 17 |
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| Last trade - 14.48pm 08/07/2024 (20 minute delay) ? |
| BSL (ASX) Chart |