Forgot that BSL have their AGM this Thursday... see below note from MS...
BlueScope a “tactical” sell: MSAnalysts at Morgan Stanley have cautioned BlueScope’s AGM is likely to be a negative catalyst for shares, tipping the stock as its research tactical idea.“In our view a negative trading update is likely to highlight that HRC steel spreads remain depressed and below average historical levels,” analyst Andrew Scott says.“We see downside risk to consensus earnings expectations and would expect a negative share price reaction in response.”BSL shares last up 0.28pc to $14.16.
BSL Chart, page-38
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Last
$21.81 |
Change
-0.220(1.00%) |
Mkt cap ! $9.577B | |||
| Open | High | Low | Value | Volume |
| $21.74 | $21.93 | $21.65 | $16.52M | 758.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1029 | $21.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.81 | 1265 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BSL (ASX) Chart |