Interesting to see that Blue Scope's update tells the same story than Capral yesterday.
Of course, I know that they are not on the same product, but they have some elements in common : both face a strong competition from Chinese imports and have some end markets in common (like housing), while Capral is domestic only while Bluescope has also a significant part of its business out of Australia.
Good to see that both benefit from a cyclical rebound.
However, the key point for Capral remains to know how long they can benefit from this return to local manufacturing. I guess trade tensions with China can only lead to more protection for domestic production in Australia, via tariffs.
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Last
$8.66 |
Change
-0.180(2.04%) |
Mkt cap ! $150.2M |
Open | High | Low | Value | Volume |
$8.78 | $8.78 | $8.66 | $20.23K | 2.332K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 631 | $8.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.78 | 1 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 631 | 8.660 |
1 | 2 | 8.550 |
1 | 900 | 8.520 |
2 | 3534 | 8.510 |
4 | 14500 | 8.500 |
Price($) | Vol. | No. |
---|---|---|
9.000 | 200 | 1 |
9.050 | 74 | 1 |
9.080 | 732 | 1 |
9.250 | 110 | 2 |
9.300 | 965 | 1 |
Last trade - 15.46pm 23/08/2024 (20 minute delay) ? |
CAA (ASX) Chart |
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David DeTata, Managing Director
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