Seems like a few people were desperate to buy before the Monday announcement. Up $1 during the day and 20c on close ( matching prices) which is the biggest close price increase that I can remember.
We know what the profit is, The key will be the outlook. January HRC prices were well over $1000 while in February its over $900. Than it looks abit murky with March contracts at the low $800. Predicting profit outlook is hard.
I expect the buyback to continue while I suspect there may be a surprise considering the amount of cash the company is sitting on. Perhaps a capital return or a special dividend.
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 (20min delay)
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Last
$24.78 |
Change
-0.050(0.20%) |
Mkt cap ! $10.92B | |||
| Open | High | Low | Value | Volume |
| $24.91 | $24.97 | $24.78 | $1.685M | 67.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 361 | $24.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.79 | 91 | 8 |
View Market Depth
| Last trade - 11.29am 28/07/2025 (20 minute delay) ? |
| BSL (ASX) Chart |