Flat rolled prices continue to surge to levels that look to be sustainable through to end of 2021 at the least. I hear that plate is incredibly short and BSL have full order books for near years to support infrastructure projects...yet their pricing is some $200 per tonne cheaper than any imports. Why are they not taking advantage of a sustained price run up? Again Colorbond an increase of only 3.8% vs 40% plus for all other items.
Perhaps no profit upgrade as they are not taking advantage of the market conditions which is bewildering....
Ann: Preliminary unaudited 1HFY21 underlying EBIT of around $530M, page-89
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Last
$22.02 |
Change
0.210(0.96%) |
Mkt cap ! $9.661B | |||
| Open | High | Low | Value | Volume |
| $21.85 | $22.09 | $21.70 | $14.93M | 679.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5010 | $21.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.03 | 2749 | 2 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| BSL (ASX) Chart |