The recent retreat is a buying opportunity. Its 2009 full-year loss of $66 million closed the books on a very challenging six months. A return to profit in 2010 appears likely as domestic steel prices and production levels recover. Permanent cost savings of $132 million will set the tone for the earnings recovery story.
http://www.thebull.com.au/articles_detail.php?id=5673
brocker rates bsl a buy
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Last
$22.26 |
Change
-0.670(2.92%) |
Mkt cap ! $9.767B | |||
| Open | High | Low | Value | Volume |
| $22.94 | $22.99 | $22.26 | $51.33M | 2.286M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9345 | $22.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.27 | 10741 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| BSL (ASX) Chart |