BSL 1.32% $20.69 bluescope steel limited

any guess as to what this trading hold is for?, page-14

  1. 597 Posts.
    lightbulb Created with Sketch. 31
    Hi Marcus,

    Regarding the return to $10 a share, 2099 might just be a possibility.

    I had to laugh yesterday though as an employee seriously suggested that it might actually be a possibility again in the near future, what with all the re-structuring that has taken place.

    The sad truth is however that because of the cap' raisings and dilution, for that to happen, the company would now have to be valued at 3.6 times what it was when it was $10 a share.

    Times are much tougher now, yet how many shareholders were expecting the price to reach $36 per share, even back in those boom times?
 
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