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
$23.13 |
Change
0.050(0.22%) |
Mkt cap ! $10.13B | |||
| Open | High | Low | Value | Volume |
| $23.30 | $23.49 | $22.88 | $12.31M | 533.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 67756 | $27.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.51 | 182 | 1 |
View Market Depth
| Last trade - 15.59pm 30/06/2025 (20 minute delay) ? |
| BSL (ASX) Chart |