BSL 2.80% $21.21 bluescope steel limited

Yes, it looks like 3-4 buyers are trying to keep SP upbut I...

  1. 657 Posts.
    Yes, it looks like 3-4 buyers are trying to keep SP up
    but I would think more likely a broker action rather than managing director.
    Possibly bought high and trying to keep it high to come out the other side
    before it looses support and slides?... but could also be individuals impressed by
    the presentation and don't mind holding long term.
    Never easy really to guess what is actually going on.
    Buying depth looks thin yet SP keeps up and volume is creeping up as I type.
    Similar situation I have observed with PXS the last couple of days.
    If correct that is kept up deliberately from someone/s in order to exit high
    some people will be holding a heavy basket for a while.

    I do not intend to enter until below $9 but might take a while.
 
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Last
$21.21
Change
-0.610(2.80%)
Mkt cap ! $9.302B
Open High Low Value Volume
$21.68 $21.74 $21.17 $38.98M 1.831M

Buyers (Bids)

No. Vol. Price($)
4 7611 $21.20
 

Sellers (Offers)

Price($) Vol. No.
$21.29 1079 2
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Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
BSL (ASX) Chart
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