Yes, even $8 is tricky at the moment. Rumour has it that there are not many orders rolling in as well. This is understandable.
Has anyone read the book 'Mr China'. The book describes the difficulty of foreign companies trying to be successfull in China.
Bluescope is heavily exposed there and if they start to close any of their Asian businesses then beware.
Their Asian businesses need to be monitored very carefully from now on.
bluescope falling, page-9
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$20.06 |
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Mkt cap ! $8.827B | |||
| Open | High | Low | Value | Volume |
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