The share price increase is a a double edged sword. Good for the portfolio but cr@p for the buyback as we get less bang for our buck.
The price increase may have been due the increase in HRC prices in the US but also a broker upgrade to $24.
Shares on issue are down to 445,900,000, They have bought back 100,000,000 shares this buyback. And with massive cash flows coming in , they should continue to extend the buyback.
The breaking of $21 was also big as that looked like the ceiling for the last few years.
The share price increase is a a double edged sword. Good for the...
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Last
$22.65 |
Change
-0.030(0.13%) |
Mkt cap ! $9.934B | |||
| Open | High | Low | Value | Volume |
| $22.55 | $22.71 | $22.30 | $24.54M | 1.088M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 5228 | $22.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.66 | 95 | 1 |
View Market Depth
| Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
| BSL (ASX) Chart |