BSL sold down today, page-2

It doesn't seem to make too much sense with it not going ex dividend until later next week & global steel prices on the rise again.
Maybe people don't want the high unfranked dividend so they are getting out before the normal sell off for the dividend. It could also be the appreciation in the $A which is now above 0.74 and would have a negative impact of the BSL bottom line. Import prices come down, so puts pressure on domestic prices, BSL get less $A for Exports and the income for the Northstar business is less in $A. Only my thoughts and are probably incorrect.