Not sure everything is that bad on the face of it...
CEO/Board members - there have been some departures but more involvement now from Balkin/Balron, Southern Steel etc
On anti-dumping - aren’t Bisalloy the applicants, with SSAB alleged to be dumping - and therefore a case of upside risk (rather than downside risk) for Bisalloy? Previous case here: https://www.industry.gov.au/regulations-and-standards/anti-dumping-and-countervailing-system/anti-dumping-commission-archive-cases/506
Share price drop has been on low volume relative to the fall - perhaps some games being played in the absence of a strong bid side?
In terms of fundamentals, EPS of 7.2c for the half year seems very solid, and balance sheet gives comfort with NTA backing of 84.7c per share - so arguably more upside than downside from here.
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