BSL 1.26% $21.98 bluescope steel limited

Being a LT trader I wouldnt worry a little abt BSL.I just dont...

  1. pp
    2,345 Posts.
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    Being a LT trader I wouldnt worry a little abt BSL.I just dont see steel industry collapsing in Australia...political leaders commented that in the past...BSL product price is at the bottom and its cyclical stock..product price can pick up... check out phosphate and iron ore...ppl said same thing abt it couple of years ago..I wouldnt worry abt the debt, RIo, IPL and other big companies like NUF they all had those problems but big guys always manage it through cap raising or instituion.
    It has short term impact on SP but only ST trader should worry abt it....for some reason when I see ppl commenting abt very low bottoms for any stocks I just think they are the smart traders doing shorts ;-)

    strong AUD is short lived....short term rise or fall for LT trader doesnt really make any difference ...
 
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$21.98
Change
-0.280(1.26%)
Mkt cap ! $9.645B
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$22.19 $22.26 $21.83 $2.149M 97.81K

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No. Vol. Price($)
7 94 $21.97
 

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Last trade - 10.49am 11/11/2024 (20 minute delay) ?
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