Not out of the question IMO as BSL was the equivalent of $50 back in 2009. BSL made $1.5B EBIT in FY21 or around $3 per share. They are forecasting around $1.5B EBIT for the H1 FY22 so FY22 should be well above $4 per share and maybe up to $5 per share. I believe the only reason it is not at $35 at the moment is the lack of franking credits and therefore haven't got an efficient method to get that value to shareholders. Franking credits should start to be generated in about 12 months time so looking good for increasing share prices in the medium term.
Not out of the question IMO as BSL was the equivalent of $50...
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Last
$20.51 |
Change
0.350(1.74%) |
Mkt cap ! $9.025B | |||
| Open | High | Low | Value | Volume |
| $20.15 | $20.62 | $20.08 | $24.72M | 1.207M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 19859 | $20.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.52 | 2656 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| BSL (ASX) Chart |