BSL 1.77% $21.23 bluescope steel limited

how hard will bsl bounce back, page-2

  1. 51 Posts.
    How long is a piece of string?...I can't see it recovering in a hurry as there is way too much doom and gloom out there and like a lot of investors, we put a great deal of faith in the directors and management who had been riding the gravy train and not looking to see what was on the horizon.

    External factors have not been favourable to BSL by any means and as for the government putting Australian manufacturing to the sword, I just hope we can get rid of them before it?s too late.

    I?m just going to consider the whole amount written off and stick them in the bottom draw for 5 years and then make some money. It?s cost me a big chunk and certainly been an expensive exercise.

    At the end of the day, BSL is still a more than viable company ? all the talk of 50c SP is in my opinion garbage. The shorters have bad runs too ? hopefully it?s soon.
 
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