Maybe management could have put a halt on big bonuses and pay rises over the past couple of years while they have been losing money. Maybe management could have spent money, when times were good, maintaining and refurbishing facilities. Western Port hot strip mill collapsing around them. Facilities in this state are not worth that sort of money when it is going to cost megabucks to renew. When the business slowed and started losing money why wasn't production cut? It has taken til now (after a smashing of their share price) to decide on what to do to move forward hopefully but could it be too little too late?
Maybe management could have put a halt on big bonuses and pay...
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Last
$20.69 |
Change
0.270(1.32%) |
Mkt cap ! $9.105B | |||
| Open | High | Low | Value | Volume |
| $20.40 | $20.87 | $20.28 | $33.26M | 1.609M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4974 | $20.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.69 | 15078 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| BSL (ASX) Chart |