Bluescope continues to be the most manipulated stock in the top 100. I've been saying this for a decade. Today is another prime example and it has now gone from a high of $26 to $20 in the space of 2 months. This rapid movement has occurred for way too long
I've also said it's time that they demerge the US operations whose value has been trading less then it's peers for a very long time. That's because its been devalued because of the Australian operations. The market doesn't like the Port Kembla steelworks. Sell it to the Australian government or just close the damn thing!
BSL Price at posting:
$20.50 Sentiment: Buy Disclosure: Held
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