They normally stop the buyback 2 months before the release of results which highlights the stupidity of management.
This went from $23.50 to $21.80, a 7% drop on no news other than slightly softer US HRC prices ( in 2 days). This happens pretty much every time they're about to release the results and once again highlights this company is one of the most manipulated on the market. And it's a disgrace it's allowed to happen every year.
It takes two days to wipe out several months of share price growth. And if you have a look at the charts, it happens ALL the time!
They normally stop the buyback 2 months before the release of...
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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 |