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$4.06 bisalloy steel group limited

I think the Z Grade makes up ~10% of the volume of steel...

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Bunn-Wackett

22,959 Posts.

1270

21/02/22

19:03

Post #: 59714928
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Originally posted by WS1080: ↑

"One example of how Bisalloy operate, they’re tied up with Rheinmetal and need Z Grade certification from the German Govt to be able to complete supply of steel. Huge contracts! The certification was due before the end of 2020! That’s over one year ago, no news, and this mob tell their shareholders nothing. It’s obviously failed"

Bisalloy Receives First Armour Steel Order from Rheinmetall for LAND400 Phase 2 - BisalloyNo mention of the Z grade, but it does say "Bisalloy Steels is pleased to announce the receipt of a significant order from Rheinmetall for highly specialised Australian Made BISALLOY® Armour steel."
So whilst Z grade must be of some importance, it would appear that it isn't critical for supply of material to Rheinmetal.

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I think the Z Grade makes up ~10% of the volume of steel Bisalloy are committed to supply.

If BIS can’t supply it......

Last edited by Bunn-Wackett: 21/02/22

BIS Price at posting: $1.52 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $4.06		Change 0.070(1.75%)		Mkt cap ! $193.1M

Open	High	Low	Value	Volume
$4.01	$4.09	$4.01	$131.7K	32.52K

Buyers (Bids)

No.	Vol.	Price($)
6	1531	$4.05

Sellers (Offers)

Price($)	Vol.	No.
$4.06	16	1

View Market Depth

No.	Vol.	Price($)
2	798	4.070
5	5098	4.060
2	2000	4.050
1	501	4.030
3	4430	4.020

Price($)	Vol.	No.
4.090	119	1
4.100	5150	2
4.110	1000	1
4.120	20664	2
4.130	141	1

Last trade - 11.12am 07/06/2024 (20 minute delay)


Last $4.05			Change 0.070 ( 1.85 %)
Open	High		Low	Volume
$4.05	$4.08		$4.04	2803
Last updated 11.44am 07/06/2024 ?

BIS (ASX) Chart