BSL 2.06% $20.56 bluescope steel limited

I can see the market cap is now up to $ 1.5 bil . ,that means...

  1. 200 Posts.
    I can see the market cap is now up to $ 1.5 bil . ,that means this company needs to be making profits $100 mil .? . That will not happen consistently . Sure steel is cyclical , but 10 years ago china did not have a industry but today there is a perpetual supply .
    With unions , strict OHS , high dollar , complacent management , there is no chance of BSL returning to it's former glory .
 
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$20.26 $20.56 $20.15 $28.38M 1.389M

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32 4271 $20.55
 

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