BSL 2.92% $22.26 bluescope steel limited

I'm starting to (ok i did years ago with this "casino") lose...

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  1. 64 Posts.
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    I'm starting to (ok i did years ago with this "casino") lose faith in this market. How on earth can this upgrade which i anticipated provide a mere 0.75% SP increase? Ive seen in recent days analyst reports get their readings totally wrong on this stock yet again. If this company was worth $25b back in 2010...my god it should well exceed that now. Whilst Asian regional HRC prices have softened minimally mills are managing production to align with demands and maintain the price points, i heard yesterday mills have all been running flat out and when that occurs you need to perform maintenance more regularly, hence Q1 2022 there is some big mills performing maintenance in Asia this will put upward pressure on prices again..For the millionth time the Chinese strategy is a game changer they are near extinct from international markets...BSL has no competition, at full capacity and continue to raise prices to which again a conservative (IMHO) upgrade given today...this isnt stopping guys 2H 2022 will also be up further. I await the SP retreat tomorrow ....omg
 
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Last
$22.26
Change
-0.670(2.92%)
Mkt cap ! $9.767B
Open High Low Value Volume
$22.94 $22.99 $22.26 $51.33M 2.286M

Buyers (Bids)

No. Vol. Price($)
1 9345 $22.25
 

Sellers (Offers)

Price($) Vol. No.
$22.27 10741 1
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
BSL (ASX) Chart
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