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.
Seems like a few people were desperate to buy before the Monday...
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 (20min delay)
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Last
$22.46 |
Change
-0.440(1.92%) |
Mkt cap ! $9.851B | |||
| Open | High | Low | Value | Volume |
| $22.88 | $22.88 | $22.45 | $72.17M | 3.209M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5500 | $22.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.48 | 48 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| BSL (ASX) Chart |