Just thinking the same thing. 10%+ EBIT upgrade and we're still lower than we were 2 days ago. Underperforming the XJO 10%+ on a 6 month timeframe and down 25%+ from the high of $26.15. We are not an iron stock moron market. What info is being priced in is beyond me. US hot rolled steel is down only 2.5% from its peak and everyone gets all antsy about peak steel... It is still up 280% since April last year and around double the previous peaks in 2010 and 2018. Perhaps higher energy input costs are a worry and of course there is Evergrande. Interested to see brokers reaction to the profit upgrade tomorrow, could wake up this sleepy market
Just thinking the same thing. 10%+ EBIT upgrade and we're still...
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Last
$20.43 |
Change
0.110(0.54%) |
Mkt cap ! $8.990B | |||
| Open | High | Low | Value | Volume |
| $20.32 | $20.58 | $20.15 | $35.06M | 1.717M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 308 | $20.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.43 | 3123 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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