They certainly will have to spend their excess cash. Buyback is the best option in lieu of franked dividends.
Looking at US steel producers, they had a strong day in the US (US steel up ~13%)
Just waiting for things to click in our market.
Baron
Ann: BlueScope increases 1H FY2022 earnings guidance, page-24
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Last
$21.90 |
Change
0.490(2.29%) |
Mkt cap ! $9.616B | |||
| Open | High | Low | Value | Volume |
| $21.78 | $22.00 | $21.69 | $57.67M | 2.631M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2193 | $21.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.91 | 1786 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| BSL (ASX) Chart |