BSL 0.05% $20.86 bluescope steel limited

Ann: Share Consolidation Timetable , page-13

  1. 5 Posts.
    I'm not worried about this consolidation will not be under that I had 160 K of shares now consolidated down to 26,667 shares I'm up about 20 4K on my investment. While not afraid I bought into a extract shares when they were called Turat Res some years ago cost me $16K I had hundreds of thousands of shares starting right back when I was buying at one sent after a couple of consolidations I ended up with 20 K of shares then we were taken over by the Chinese who paid $8.60 that's $175K that's not a bad profit . Also I bought into jumbo spend about $6K also had a view hundred K of shares in them are now that investment is worth over $60 K I work on the philosophy that you buy when no one is interested but the story is good ( patients is needed )like blue scope now after being hammered so so badly I started buying at about $.30 I do see that there is light at the end of the tunnel where they will start paying dividends again in a year or two ,and I feel that the management are trying to rectify their careless stupidity ,. PS on no adviser do your own research , good luck

    also bought into OneSteel , Alumina , Fairfax , Ten ,and more all of these have been run poorly but changes are underway .( don't put too much into each one only what you can afford to lose )by a little bit and add a bit as things improve .
 
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